A bird’s-eye view of HD Hyundai’s exhibition booth at Gastech 2025 in Milan, Italy   ▶ Participating in the world's largest gas exhibition from Sep 9-12 in Milan, Italy ▶ A total of 36 certifications received and multiple MOUs signed, presenting digital transformation and eco-friendly solutions HD Hyundai is set to unveil the future of sustainable gas carriers applied with eco-friendly, AI technologies at Gastech, the world’s largest gas exhibition.   Six affiliates — HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, HD Hyundai Mipo, HD Hyundai Samho, HD Hyundai Marine Solution, and HD Hyundai Electric — participate in the exhibition held in Milan, Italy, from September 9 to 12.   HD Hyundai Executive Vice Chairman Chung Kisun, along with executives and staff members from the Sales, R&D, and Engineering divisions, will introduce their eco-friendly technologies to major shipping companies and leading classification societies and present future strategies for the maritime industry.   During the exhibition, HD Hyundai is set to participate in a total of 36 events, obtaining technology certifications from global classification societies and signing multiple MOUs with major companies.   HD Hyundai will receive an Approval in Principle from classification societies, including DNV, for their next-generation gas carrier design. The design places the crew accommodation block at the forward section to maximize upper deck space, which allows for the installation of multiple wind-assisted propulsion systems to enhance fuel efficiency.   HD Hyundai will also be certified for AI-based solutions that improve fuel efficiency. HD Hyundai will receive AIP from the American Bureau of Shipping for VesselWise, a solution that autonomously optimizes equipment operation without crew intervention. They will also receive a Product Design Assessment for its AI-driven Cargo Handling Solution, a solution that optimizes the use of boil-off gas during voyages.   They are also collaborating to demonstrate an AI solution that helps respond to fire accidents on ships. HD Hyundai will sign a Memorandum of Understanding with Sweden's Consilium to integrate its AI-based integrated safety control solution with a ship’s existing fire detection system.   In addition, HD Hyundai will sign an MOU with Lloyd’s Register for a joint development project to convert an LPG carrier into an ammonia dual-fuel vessel.   “HD Hyundai possesses optimal technologies that not only comply with environmental standards but also maximize vessel performance,” an HD Hyundai official said. “Through continuous investment and innovation, we will lead the era of carbon-neutral shipping.”  

  ▶ Signs a ‘financing partnership’ to secure top-tier financial competitiveness in Southeast Asian emerging markets.   ▶ Combines equipment supply chain and financial infrastructure to boost sales by 20% and better compete with Japanese and Chinese competitors.  ▶ Starts with Indonesia, Southeast Asia's largest market for machinery and finance in the region, and plans to expand to other emerging nations. HD Hyundai XiteSolution is ramping up its expansion into Southeast Asia through a newly established financing partnership with KB Financial Group, with an initial focus on Indonesia, the key market in the region.  The partnership, named “Financing Partnership for Southeast Asia Business Expansion,” between HD Hyundai XiteSolution and KB Financial Group, was officially announced on Friday, the 5th. This announcement followed a signing ceremony that took place at the HD Hyundai Global R&D Center the day before. Key attendees at the event included HD Hyundai XiteSolution President Cho Young-cheul, Head of Sales Strategy Division Song Hee-jun, Head of Finance Division Bae Yeon-joo, KB Financial Group Head of Global Business Division Lee Jae-keun, and KB Capital President Bin Jung-il. The collaboration aims to delve into strategic cooperative projects centered on emerging markets such as Indonesia, Thailand, Vietnam, and India. Southeast Asia is recognized as one of the top four global markets for construction machinery, along with Europe, North America, and China. Indonesia alone has an annual demand for around 20,000 units of construction equipment, which accounts for nearly half of Southeast Asia's total demand. With its robust economy and a population of 280 million, Indonesia's construction machinery market has seen an impressive growth rate of 13% annually since 2019. This partnership strives to alleviate the initial financial challenges faced by customers in emerging markets like Indonesia. HD Hyundai XiteSolution aims to enhance its competitiveness against Japanese and Chinese manufacturers, who currently hold significant market share due to their partnerships with domestic financial institutions. HD Hyundai XiteSolution seeks to optimize synergistic benefits by utilizing the economies of scale achieved through the collaboration of its esteemed construction equipment brands, "HYUNDAI" and "DEVELON." The company aims to better classify customer needs by using integrated data and sales expertise. Meanwhile, KB Financial Group will offer customized financial products, including vehicle installment plans, leases, and insurance options. Both companies will also strengthen their customer service networks and after-sales management systems by capitalizing on their respective dealer and financial networks. HD Hyundai XiteSolution aims to achieve top-tier financial competitiveness by integrating equipment supply chains with financial services. Their goal is to increase annual equipment sales in Indonesia—currently around 1,000 units—by over 20%.  HD Hyundai XiteSolution President Cho Young-cheul remarked, “To thrive in global competition, it's essential to offer not only quality products but also competitive financial solutions that cater to local markets.” He added, “This partnership will significantly enhance our operational edge in emerging markets.” Lee Jae-keun, Head of KB Financial Group’s Global Business Division, stated, “By leveraging our extensive financial expertise and closely collaborating with overseas construction equipment distribution networks, we anticipate creating a new financial ecosystem.” He noted, “We’re preparing various collaborative models across all countries where both companies operate, covering both emerging and developed markets.”  

▶ On September 4, Chung Kisun visited HD Hyundai Samho to inspect key sites and hold roundtable with safety leaders ▶ Conducted concurrent safety inspections across all affiliates, led by each CEO ▶ KRW 3.5 trillion to be invested by 2030 to expand “The Safe Care” system groupwide HD Hyundai’s top management, including Executive Vice Chairman Chung Kisun, reaffirmed their commitment to ‘Safety First’ management through on-site inspections of major business units. On September 4, HD Hyundai announced that all affiliates simultaneously conducted safety inspections, each personally led by their respective CEOs. Chung visited HD Hyundai Samho’s shipyard in Yeong-am, South Jeolla Province, where he toured major facilities and high-risk worksites alongside HD Hyundai Samho CEO Kim Jae-eul. He also held a roundtable with safety team leaders responsible for frontline safety operations. During the visit, Chung emphasized, “Safety is an irreplaceable value, and the company will always place the lives of our employees above all else.” He urged the management to take the lead, noting that “Leadership decisions and actions play a decisive role in shaping a strong safety culture. We must continue field-oriented management until we achieve zero serious industrial accidents at all worksites.” Safety has been embedded as a core value at HD Hyundai under the principle of “Safety for All.” Moving forward, the company plans to invest approximately KRW 3.5 trillion over the next five years in the shipbuilding sector to enhance safety by 2030. The company will establish advanced safety systems, maintain and expand safety facilities, and allocate sufficient funds to improve employee safety awareness and support partner companies’ safety initiatives, raising safety standards across all worksites. In addition, HD Hyundai will expand “The Safe Care”—the safety and health management system fully introduced at HD Hyundai Heavy Industries in August—across all affiliates. The core of this system is that if any of the nine ‘Never-to-Happen Accidents’ safety rules are violated, measures equivalent to those for a serious industrial accident are immediately enforced, regardless of whether an actual accident occurs. By enforcing this principle, HD Hyundai aims to achieve zero serious worksite accidents. Meanwhile, HD Hyundai is planning on hosting its HD Hyundai Safety Forum this November. The forum will bring together employees from across the group, government officials, and safety experts to share HD Hyundai’s safety vision and exchange best practices. Through this event, the company seeks to further raise safety awareness across the organization and reinforce the safety culture throughout the entire group.