Hyundai Heavy Industries facing delays in merger with Daewoo Shipbuilding & Marine Engineering

Hyundai Heavy Industries (HHI) is a major South Korean company involved in shipbuilding, offshore engineering, and industrial plant construction. They participate in infrastructure projects globally, focusing on energy and industrial infrastructure.

Hanwha Ocean, formerly Daewoo Shipbuilding & Marine Engineering (DSME), is a major South Korean shipbuilding and offshore engineering company. It focuses on constructing various types of vessels, offshore platforms, and specialized ships, and is expanding into renewable energy and green technologies.