HD Hyundai eyes US yard in bid to cash in on Trump’s shipbuilding revival

South Korea’s HD Hyundai Heavy Industries has confirmed it is in talks with multiple firms to buy a US shipyard, a move aimed at tapping into Washington’s resurgent naval build-up under president Donald Trump. A senior HD Hyundai executive told Reuters in Ulsan that the Korean conglomerate has set a target of $2.2bn in annual …