The agreement, signed in New Orleans, Louisiana, marks HD Hyundai’s latest move to expand its footprint in the U.S. shipbuilding market. Under the deal, the two companies plan to begin building medium-sized liquefied natural gas dual-fuel container ships at Edison Chouest’s facilities by 2028.
HD Hyundai will contribute vessel design, construction technology, and some manufacturing support. The company will also supply ship blocks and oversee equipment procurement.
Edison Chouest, based in Louisiana, operates five commercial shipyards and is a dominant player in the offshore support vessel sector, with a fleet of roughly 300 ships built and operated in-house.
However, it has limited experience in the construction of commercial vessels like container ships — an area where HD Hyundai is a global leader.
The partnership brings together the complementary strengths of the two firms: Hyundai’s technological prowess and Edison Chouest’s U.S. manufacturing base. Officials said the alliance will support Hyundai’s long-term goal of entering the American shipbuilding market while helping Edison Chouest diversify into new vessel types.
The companies also signaled plans to explore future cooperation in related sectors, including port crane operations — an area considered strategically sensitive due to its implications for national security.
reporter
Candice Kim
candicekim1121@ajupress.com
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