HD Hyundai and Kiewit form joint venture for new US advanced shipyard

The partnership announced 26 October 2026 targets full operations for the facility in 2029.

Ingrid Sorensen

Shipbuilding Correspondent

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HD Hyundai and Kiewit have formed a joint venture to construct an advanced shipyard in the United States. Full operations for the facility are targeted for 2029.^[1] Kiewit Maritime Co. president Chad Johnson stated the joint venture will expand US shipbuilding capacity and develop a skilled domestic workforce.^[2]

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HD Hyundai and Kiewit announced a joint venture to build an advanced US shipyard, with full operations targeted for 2029. · Hindustan TimesIndia
Kiewit Maritime Co. president Chad Johnson stated the joint venture will expand US shipbuilding capacity and develop a skilled domestic workforce. · Yonhap News AgencySouth Korea

They publish from India, South Korea. None is an official body: that part stands on reporting, not on the underlying document or transcript.