HD Hyundai Heavy and Hyundai Mipo to merge

South Korea’s HD Hyundai Heavy Industries has rolled out plans to merge with its affiliate HD Hyundai Mipo Dockyard by the end of the year, aiming to strengthen its position in the US naval and Arctic shipbuilding markets. The move comes after a Korea-US summit highlighted shipbuilding cooperation under the “Make American Shipbuilding Great Again” …