▶ HHI and KSOE jointly develop an SMR-powered car carrier with Hyundai Glovis and other partners ▶ Receives AiP from LR for the vessel’s conceptual design at Posidonia 2026 in Athens, Greece ▶ Signs defense cooperation agreement with Greece’s largest shipyard and MOU with HJ Shipbuilding & Construction to adopt autonomous navigation solutions as a standard specification HD Hyundai is accelerating the development of small modular reactor (SMR)-powered vessels by expanding its range of vessel types. HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding affiliates of HD Hyundai, said that they have received Approval in Principle (AiP) from Lloyd’s Register (LR) at Posidonia 2026 in Athens, Greece, for the conceptual design of a large Pure Car and Truck Carrier (PCTC) equipped with a Molten Salt Reactor (MSR). In this project, jointly developed with Hyundai Glovis, G-Marine Service, and the Korea Atomic Energy Research Institute (KAERI), HD Hyundai was responsible for the vessel’s conceptual design and technical review. Hyundai Glovis contributed operational insights based on its experience operating PCTCs, while G-Marine Service conducted assessments from a ship management perspective and KAERI reviewed the application of MSR technology. Recognized for its high level of safety and efficiency, the technology is considered well suited for maritime nuclear power applications. HD Hyundai is currently developing an MSR-powered container ship and has now expanded its development efforts to include car carriers. An SMR-powered car carrier can maintain high power output without the need for refueling, enabling high-speed operations over long distances. The vessel also produces no carbon emissions, providing environmental benefits. During the exhibition, HD Hyundai also received certifications from global classification societies for a range of technologies, including an industry-first LPG dual-fuel container ship currently under development and an LPG carrier equipped with a Type-B tank designed to enhance safety. In addition, HHI signed a comprehensive memorandum of understanding (MOU) with Skaramangas Shipyards, Greece’s largest shipyard, to pursue joint participation in projects involving Greek Navy and Coast Guard vessels, as well as manned-unmanned integrated systems incorporating unmanned surface vessels (USVs). Separately, Avikus, HD Hyundai’s autonomous navigation subsidiary, signed an MOU with HJ Shipbuilding & Construction to adopt its HiNAS Control autonomous navigation solution as a standard specification. Under the agreement, Avikus’ autonomous navigation system will be installed as a standard feature on all commercial vessels built by HJ Shipbuilding & Construction. “HD Hyundai is showcasing its industry-leading environmentally friendly vessel technologies through collaboration with major shipping companies and classification societies,” an HD Hyundai official said. “We will continue to lead the transition to a carbon-neutral shipping industry through ongoing technology development and investment.” Five HD Hyundai affiliates—HD Hyundai Heavy Industries, HD Hyundai Samho, HD Hyundai Marine Solution, Avikus and HD Hyundai Electric—participated in Posidonia 2026 from June 1 to June 5. The group showcased environmentally friendly vessels at a booth within the Korea Pavilion organized by the Korea Offshore & Shipbuilding Association, while also displaying energy-efficient ships and marine equipment at a dedicated HD Hyundai exhibition hall. Celebrating its 29th edition this year, Posidonia is widely regarded as one of the world’s three leading maritime and shipbuilding exhibitions, alongside Nor-Shipping in Norway and SMM in Germany. The biennial event attracted approximately 2,000 companies from more than 130 countries. ■ Type-B Tank: An independent tank design that maximizes structural reliability through advanced structural analysis, enabling it to achieve a high level of safety without the need for a full secondary barrier, unlike a Type-A tank.  

▶ Winning a KRW 27 billion bid by delivering quickly and customizing special military specifications ▶ Building the company’s brand credibility within the European defense and public procurement markets ▶ Diversifying its European portfolio with a KRW 20 billion articulated dump truck order from Norway HD Construction Equipment has signed a large-scale bulldozer supply contract with the Polish military. This is the first time the company has secured a large-scale order in a procurement project for a European nation's military. The company announced on Thursday, the 4th, that it has been confirmed as the final supplier for a crawler bulldozer procurement project for Poland's 3rd Regional Logistics Base. The order includes 50 units of 15-ton DEVELON bulldozers, valued at approximately KRW 27 billion. There is potential for an increase in the supply volume in the future, depending on available options. This contract represents a major milestone, just two years after the company launched its bulldozer lineup in Europe and marks a successful entry into the highly stringent military procurement sector. Notably, the company secured the contract after competing with leading brands from both the United States and Europe. The main factors behind securing this contract are the rapid delivery capability of "K-Defense," which has recently gained prominence in the European market, along with the company's overall technical responsiveness. To secure the contract, HD Construction Equipment adapted its standard production models to meet the client’s precise requirements, which included ▲modifying chassis height, ▲boosting travel speeds, and ▲applying military-grade painting. Despite a demanding timeline that requires full delivery by this November, the company won the client's confidence by presenting a reliable production and supply plan. Secured amidst a broader European push to strengthen defense capabilities and modernize military assets, this contract serves as a prime opportunity for HD Construction Equipment to build strong brand trust in the continent's defense and public procurement sectors. Lim Jung-woo, Head of the Europe Region at HD Construction Equipment, stated, "This contract demonstrates that our product performance, quality, and supply capabilities have been recognized locally in Europe, while meeting the stringent requirements of military procurement." He added, "Moving forward, we will enhance our product competitiveness to cater to various working environments and specialized needs. Our goal is to position ourselves as a trusted partner not only in construction equipment but also in the public sector, military supply, and infrastructure recovery markets." Further expanding its reach, HD Construction Equipment recently signed a KRW 20 billion contract with Norway-based Rental Group, the largest equipment rental company in Northern Europe. The deal to supply Articulated Dump Trucks (ADTs) marks a significant expansion into a new product segment, moving beyond its traditional stronghold of excavators in the European market.  

▶ Chairman Chung Ki-sun, along with 200 employees, pays tribute and tends to graves at the National Cemetery ▶ HD Construction Equipment signs an MOU with the Ministry of Patriots and Veterans Affairs to build a memorial facility for Ethiopian Korean War veterans ▶ HD Hyundai continues to expand patriotic and veteran support activities, including aid for war veterans HD Hyundai is continuing its veterans support activities to remember and honor the noble sacrifice and dedication of patriotic martyrs and fallen heroes.  HD Hyundai announced on the 31st that, in honor of National Patriots and Veterans Month, its leadership and employees visited the National Seoul Cemetery, the Yeongcheon National Cemetery, and the Goesan National Cemetery on May 29 to pay tribute to patriotic martyrs and fallen heroes. About 200 executives and employees participated in this commemorative activity, including HD Hyundai Chairman Chung Ki-sun and HD Construction Equipment President Moon Jae-young.  Chairman Chung Ki-sun visited the Memorial Tower at the National Seoul Cemetery to lay flowers and burn incense in honor of the patriotic martyrs and fallen heroes. Following this, he enhanced the tribute by removing weeds and cleaning tombstones in Area 25, the burial plot associated with HD Hyundai. He also encouraged the employees who joined him in this act of remembrance. In March, Chairman Chung Ki-sun visited Manila as part of a South Korean economic delegation. During the trip, he laid flowers at the Korean War Memorial inside the Libingan ng mga Bayani (National Heroes Cemetery) to honor the sacrifices and dedication of the veterans. Following the cemetery visits on May 29, HD Construction Equipment signed a Memorandum of Understanding (MOU) to build a memorial facility honoring Korean War UN Veterans. The MOU was signed by Minister Kwon Oh-eul of the Ministry of Patriots and Veterans Affairs and President Moon Jae-young of HD Construction Equipment. The signing event was attended by HD Hyundai Chairman Chung Ki-sun and Ethiopian Ambassador to South Korea Dessie Dalkie Dukamo. As per the agreement, HD Construction Equipment will assist in building memorial facilities to honor veterans in UN-participating nations of the Korean War (hereinafter referred to as the Overseas Veterans Memorial Facility). They will also provide the necessary construction equipment for the project. The first overseas memorial facility will be constructed in Addis Ababa, the capital of Ethiopia, which was the only African nation to send ground troops during the Korean War. HD Hyundai is dedicated to supporting war veterans and the bereaved families of national meritorious individuals. Since 2022, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries have taken turns providing an annual contribution of 20 million KRW to support the surviving children of Navy personnel and those Navy children facing financial hardships. Additionally, the HD Hyundai 1% Nanum Foundation expresses gratitude and respect by offering living expenses and daily necessities to the descendants of national meritorious persons. Furthermore, since 2021, HD Construction Equipment has partnered with the Ministry of Patriots and Veterans Affairs on the House Remodeling Project to improve deteriorated housing conditions for the families of national meritorious persons, with plans to support a total of 21 households by this year. Chairman Chung Ki-sun of HD Hyundai emphasized, “It is our responsibility to remember and pass on to future generations the sacrifices and dedication of the veterans who faced their fears without hesitation.” He added, “HD Hyundai will continue to stand together in honoring those who devoted themselves to their country.”