HD Hyundai announced on 16 May that Chung Kisun, Executive Vice Chairman, met with the U.S. Trade Representative (USTR) Jamieson Greer to explore measures for strategic cooperation between Korea and the United States in the shipbuilding sector.
This marks the first for Korea’s shipbuilding industry to hold an official talk with the USTR. The USTR delegation was visiting Korea for a meeting of trade ministers from the Asia-Pacific Economic Cooperation (APEC) grouping.
As stated, during the meeting, Chung introduced HD Hyundai’s ongoing collaboration with U.S. defense shipbuilder HII and proposed areas of cooperation, including joint technology development, shipbuilding and skilled workforce training programs. He emphasized the growing need for closer industrial cooperation between the two nations.
Chung also introduced HD Hyundai’s affiliate, HD Hyundai Samho, and its crane manufacturing capabilities while addressing port cranes in the U.S. market and proposed the need to strengthen cooperation between the two countries to diversify and stabilize the U.S. port equipment supply chain.
