▶ 41,000-ton dry cargo and ammunition ship, USNS Alan Shepard of the U.S. 7th Fleet enters port ▶ MRO to be conducted at Yeompo Pier near HD Hyundai Mipo in Ulsan with delivery to the U.S. Navy scheduled by the end of the year ▶ With the merger of HD Hyundai Heavy Industries and HD Hyundai Mipo underway, global naval projects expected to be significantly enhanced ▶ “We will successfully execute MRO operations based on our advanced technologies and expertise”  HD Hyundai Heavy Industries has officially launched its maintenance, repair, and overhaul (MRO) project with the U.S. Navy auxiliary ship. HD Hyundai Heavy Industries announced on Tuesday, Sep. 30th that the 41,000-ton U.S. dry cargo and ammunition ship, USNS Alan Shepard, assigned to the 7th Fleet, recently entered Yeompo Pier near HD Hyundai Mipo in Ulsan for a regular overhaul. The USNS Alan Shepard MRO project won by HD Hyundai Heavy Industries in early August, measures 210 meters in length, 32 meters in width, and 9.4 meters in height. Full-scale maintenance commenced on the day of arrival including inspections of safety equipment and systems, servicing of various tanks, and checkups of onboard equipment. The vessel is scheduled to be handed over to the U.S. Navy by the end of this year. HD Hyundai Heavy Industries has been successfully carrying out MRO projects for global naval ships including the established a logistics support center in the Philippines in 2022 to support MRO operations for vessels delivered to the Philippine Navy. HD Hyundai Heavy Industries is currently pursuing a merger with HD Hyundai Mipo, scheduled for completion in December. Following the merger, the company’s MRO capabilities for global warships are expected to be significantly enhanced by utilizing HD Hyundai Mipo’s docks and berths. Joo Won-Ho, Head of HD Hyundai Heavy Industries’ Naval & Special Ship Business Unit, stated, "We will successfully execute this MRO project based on our advanced technologies and expertise, and make every effort to ensure the satisfaction of our client, the U.S. Navy."

▶ Discussed strengthening cooperation for the successful operation of IMI Shipyard and Makeen Engine Manufacturing Company, as well as collaboration on naval ship projects ▶ Held a shipbuilding roundtable to establish a local supply chain in Saudi Arabia, which is seeking investment and participation from Korean companies ▶ “Saudi Arabia is a trusted partner with whom we have long-standing cooperation, and we are committed to ensuring the success of the IMI Shipyard." HD Hyundai will expand its comprehensive shipbuilding cooperation with Saudi Arabia. HD Hyundai announced on Thursday, Sep. 25th, that Chung Kisun, Executive Vice Chairman of HD Hyundai, held a meeting with H.E. Khalid AlFalih, the Minister of Investment of Saudi Arabia, at the Banyan Tree Hotel in Seoul. The meeting was held to discuss practical collaboration measures to ensure the successful operation of the joint shipyard and engine plant being established in Saudi Arabia, as well as the development of a local shipbuilding supply chain. The meeting was also attended by Sulaiman M Albabtain, CEO of Sofon, the state-owned shipbuilding holding company responsible for Saudi Arabia’s shipbuilding and offshore businesses, and Joo Won-ho, Head of the Naval & Special Ship Business at HD Hyundai Heavy Industries. They also covered ways to enhance mutual cooperation for future naval ship projects. Executive Vice Chairman Chung stated, "Saudi Arabia is a trusted business partner with whom we have had long-standing cooperation. The IMI Shipyard is a symbolic project that demonstrates how HD Hyundai has grown into a company exporting its design expertise in half a century. We will thus devote our utmost efforts to its operation to make it one of the best shipyards.” Following the meeting, a shipbuilding and marine equipment roundtable was held to discuss plans for expanding shipbuilding and establishing a local supply chain within Saudi Arabia. As part of its Vision 2030 project, Saudi Arabia is focusing on strengthening its shipbuilding industry and is seeking investment and participation from Korean companies. In this regard, HD Hyundai is currently constructing the IMI Shipyard and Makeen engine manufacturing company within the King Salman International Complex for Maritime Industries in Al Jubail, eastern Saudi Arabia, with full operations scheduled for 2026 and 2027, respectively. Once completed, the shipyard and engine plant are expected to have three large docks, four Goliath cranes, and seven berths, enabling it to construct up to 40 vessels annually. 

▶ Certified by UL Solutions, a global leader in applied safety science – First in the construction machinery industry   ▶ 100% recycling of waste generated during product fabrication and processing at the Incheon plant   ▶ Commitment to resource recovery and minimizing environmental impact; this achievement follows four consecutive years of Gold certification  HD Hyundai Infracore has become the first company in the global construction machinery industry to obtain the highest level of ‘Zero Waste to Landfill’ certification.  On the 25th, the company announced that its Incheon plant had received the ‘Platinum’ rating—the top tier of certification—from UL Solutions, a global leader in safety and environmental certification.  The Zero Waste to Landfill certification is a global program that evaluates and grades a facility's waste management practices, including recycling and reuse.  The program is divided into three tiers based on recycling rates: Platinum (100%), Gold (95%-99%), and Silver (90%-94%), which serve as indicators of a company's capabilities in resource circulation. This year, HD Hyundai Infracore’s Incheon plant achieved a 100% recycling rate, earning the Platinum rating and marking a first in the industry. This milestone follows the plant's 95% recycling rate in 2021 and a consistent 96% rate from 2022 to 2023, which allowed it to maintain the Gold rating for four consecutive years. According to the Ministry of Environment's ‘National Waste Generation and Treatment Status’ (2023) statistics, the average recycling rate for industrial waste is 84.4%.  To further enhance recycling efforts, HD Hyundai Infracore captures fine dust produced throughout the entire manufacturing process—including assembly, fabrication, and processing—and recycles it into raw materials for bricks and cement. Instead of incinerating general waste, they shred and grind it to transform the waste into solid fuel. The company is committed to implementing innovative resource recovery initiatives, including the use of recycled foundry sand and the repurposing of waste foundry sand. Additionally, the company emphasizes reusing cutting fluids and carefully separating and recycling cutting chips during engine machining, converting potential waste into valuable materials. An official from HD Hyundai Infracore stated, “Achieving the Zero Waste to Landfill Platinum rating is external recognition of our ESG management efforts. We will continue to expand resource circulation and minimize our environmental impact.” Additionally, HD Hyundai Infracore has consistently enhanced its environmental management by investing a total of 70.6 billion won over four years, starting in 2021, into environmental facilities at its business sites. The company has voluntarily committed to achieving carbon neutrality.