HD Hyundai Heavy Industries has successfully completed its first joint ship construction project abroad.
On August 18, the company announced the launch of the Chimbote, the first of two new landing ships for the Peruvian Navy, at the SIMA shipyard in Peru.
The Chimbote is one of two landing ships being jointly constructed by HD Hyundai Heavy Industries and SIMA. The company secured a contract in April 2024 for a total of four vessels, including two landing ships, and began simultaneous construction on them.
The second ship, the Talara, has also completed all land-based construction processes earlier this month.
Both the Chimbote and Talara are multipurpose landing ships designed to perform various missions, including personnel and cargo transport, logistical support, and disaster response. They are named after major port cities in Peru.
This export project by HD Hyundai Heavy Industries is seen as a new model for K-ship exports. It transforms the concept of ship exports from 'domestic construction and delivery of finished products' to local joint production through technological cooperation, upgrading the shipbuilding business from mere manufacturing to engineering.
Joo Won-ho, CEO of HD Hyundai Heavy Industries, stated, "The launch of the Chimbote is a result of the collaboration between the public and private sectors, a true Team Korea achievement. We will enhance the competitiveness of K-ships and diversify our export markets."
Additionally, this joint construction project is linked to the development of the local shipbuilding industry in Peru. The Peruvian government aims to create local jobs, train skilled workers, and expand the shipbuilding supply chain through this project. HD Hyundai Heavy Industries is responsible for design and technical support, while SIMA handles block production, assembly, outfitting, testing, and commissioning.
* This article has been translated by AI.
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