South Korea & HD Hyundai

South Korea: Country leading MASGA initiative; investing $150 billion in U.S. shipbuilding, strengthening bilateral ties.

HD Hyundai: Parent company of HD Korea Shipbuilding & Offshore Engineering; benefits from expanded U.S. market access and modernization projects.

South Korea: Strengthens economic ties with U.S. through shipbuilding and port equipment exports.

HD Hyundai: Parent company benefiting from subsidiary's contract, enhancing its shipbuilding and port equipment business.

South Korea: Home country of HD Hyundai Heavy Industries, benefiting from the company's export success and positive impact on the domestic economy.

HD Hyundai: As the parent group, benefits from the affiliate's contract and is expanding group-wide capabilities in the data center market across multiple subsidiaries.

South Korea: Seeking to diversify supply chains and expand economic partnerships.

HD Hyundai: Executives attended; potential beneficiary.

South Korea: South Korea is the home country of HD Hyundai, which is investing in the shipbuilding project in India — Tamil Nadu.

HD Hyundai: HD Hyundai is investing approximately $4 billion to establish a mega greenfield shipbuilding cluster in Thoothukudi, which is a significant expansion of its global operations and is expected to boost its market presence.

HD Hyundai: An oil tanker arrived off South Korea's coast to unload crude at the HD Hyundai refinery, highlighting the impact of the Strait of Hormuz disruptions on global energy supply.