HD Korea Shipbuilding & Offshore Engineering Co. said Tuesday it has canceled a 416.9 billion-won ($313 million) order to build two passenger ships for a New Zealand state ferry operator. The contra...il refining and machinery conglomerate HD Hyundai, has three domestic units under its wing -- HD Hyundai Heavy Industries Co., Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries Co. (Yonhap)

... review of the acquisition three times in the past two years due to the COVID-19 pandemic. The regulator has set a Jan. 20 deadline for its conclusion. In March 2019, Hyundai Heavy's main creditor Korea Development Bank agreed to provide the 56 percent stake it holds in Daewoo Shipbuilding to Hyundai Heavy in exchange for a stake worth 1.25 trillion won ($1 billion) in Korea Shipbuilding & Offshore Engineering Co. (KSOE). KSOE is Hyundai Heavy Industries Group's subholding company and has three affiliates -- Hyundai Heavy Industries, Hyundai Mipo Dockyard Co. and Hyu...