HD Hyundai and Kiewit Maritime have formalised their joint shipbuilding venture and set construction timelines for a new facility on the United States Gulf Coast. The venture will operate under the name HD Kiewit Shipbuilding.

Construction on the yard is targeted to begin in 2027. Full operational status is planned for 2029.

This is the fourth announced United States shipbuilding partnership entered by HD Hyundai. Prior agreements exist with Fraser Industries, Huntington Ingalls Industries and Edison Chouest Offshore.