The Jones Act Desk
Ships, ports, and the law of American shipping.
Friday, October 23, 2026 · UTC
Shipbuilding

HD Hyundai and Kiewit form joint venture for new US shipyard

The partnership agreement was signed 23 October 2026, with yard construction scheduled to begin in 2027.

Ingrid Sorensen
Shipbuilding Correspondent
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Stands on 4 placed sources from 2 publishers.
HD Hyundai and Kiewit have signed an agreement to form joint venture HD Kiewit Shipbuilding, for construction of a new United States shipyard. The agreement was executed in Houston on 23 October 2026.[1] The new yard will target US Navy auxiliary vessel and commercial shipbuilding contracts. It will also produce ship blocks for other domestic shipyards.[2] Construction of the facility is scheduled to begin in 2027. Full operations are targeted for 2029.[3] The project is expected to create 3000 jobs.[4]
Proof4 sources · 2 publishers · signed
What this stands on
  1. HD Hyundai and Kiewit signed an agreement in Houston to form joint venture HD Kiewit Shipbuilding to construct a new US shipyard. · Splash247
  2. The shipyard will target US Navy auxiliary vessel and commercial shipbuilding contracts, plus ship block production for other US yards. · Splash247
  3. Construction of the new US shipyard is scheduled to begin in 2027, with full operations targeted for 2029. · Splash247
  4. The planned US shipyard project between HD Hyundai and Kiewit is expected to create 3000 jobs. · Investing.com
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