▶ Supplies mid- to large-sized DEVELON excavators ranging from 14 to 53 tons for the Tung Chung Line extension urban railway project. ▶ Proves product competitiveness through superior fuel efficiency and customer service, outperforming Chinese competitors. ▶ Aims to strengthen its regional brand presence by selling over 100 units annually through 2029. HD Construction Equipment is accelerating its expansion in the Hong Kong market after successfully securing a major contract for 45 mid-to-large excavators. On September 16, HD Construction Equipment announced that it will supply a total of 45 units for the Tung Chung Line extension project spearheaded by the MTR Corporation (Hong Kong Railway Corporation). The fleet includes seven 53-ton large excavators and 38 mid-to-large excavators ranging from 14 to 36 tons from its DEVELON lineup. The supplied equipment will be deployed for the construction of new railway stations and an approximately 1.2-kilometer-long track extension. Because the construction site is on reclaimed coastal land with weak soil conditions, demand is high for specialized machinery, such as long-reach arms capable of long-distance operations. Consequently, the company anticipates potential follow-up orders for its ultra-large 80-ton and 100-ton specialized equipment. This contract carries significant weight as HD Construction Equipment outperformed price-competitive Chinese rivals by proving its superior product value through outstanding fuel efficiency and customer service. Notably, this milestone breaks through the company’s historical limits in the Hong Kong market, which previously leaned toward smaller fleets or compact-to-mid-size models. By securing this bulk order, the company successfully diversified its product deployments and increased volume at the same time. Moving forward, HD Construction Equipment plans to leverage this momentum to expand its product lineup and capture a larger market share in Hong Kong. This latest order brings HD Construction Equipment's total sales in Hong Kong this year to 75 units—marking its highest annual supply volume in the local market in the past five years. The company expects to maintain this trajectory, aiming for over 100 units in annual sales through 2029 to cement its premium brand presence. According to the Hong Kong government, a massive annual budget of approximately HKD 90 billion (KRW 15 billion) has recently been allocated to public infrastructure projects, including public transportation expansion and new town developments. As major undertakings like the Northern Metropolis project—which links Hong Kong to mainland China—gain full traction, the infrastructure budget is projected to expand to an annual average of HKD 120 billion (around KRW 21 billion). This steady government spending is expected to drive consistent, long-term local demand for construction equipment. “This bulk order carries significant weight as we successfully rebuild our footprint and expand our presence in a market where we historically enjoyed high market share,” an HD Construction Equipment representative stated. “Building upon this success, we will continue to expand our local sales channels and aggressively elevate our brand recognition moving forward.”  

  On vessels carrying liquefied natural gas (LNG) at an extremely low temperature of −163°C, cargo containment technology is critical to keeping the LNG stable in its liquid state while minimizing evaporation. This is why shipbuilders continue to advance LNG cargo containment technology through ongoing research and development.   Commercializing a Three-Tank Cargo Containment System LNG carriers have conventionally been built with four-tank cargo containment systems. HD Hyundai Heavy Industries (HHI) has recently broken that convention, becoming the first in the world to commercialize a three-tank system. HHI is now building vessels around a 176,800-cubic-meter (m³) three-tank design developed in partnership with French cargo containment technology firm GTT and Norwegian classification society DNV. The first ships to carry the three-tank design are a four-vessel series ordered by BW LNG, with deliveries scheduled to run from 2028 through 2029.   Moving to three tanks reduces the space between cargo tanks without changing the ship’s overall size, freeing up room for more cargo. On the vessels now under construction, that has increased LNG capacity from roughly 174,000 m³ to about 176,800 m³. Shipowners have taken notice: the design increases transport efficiency while avoiding the terminal berthing constraints associated with larger vessels.     Lower Transport Costs, Greater Efficiency and Reduced Emissions   By removing one insulated bulkhead from a 174,000-m³-class LNG carrier, HHI freed up roughly 2,800 m³ of additional space. That extra capacity means more cargo per voyage, which lowers the Unit Freight Cost — the cost of transporting each unit of cargo — and translates into better returns for shipowners.   Reducing the total surface area of the cargo containment system also decreases the amount of heat transferred from outside into the tanks, reducing the daily Boil-Off Rate (BOR) of the LNG on board. The three-tank design achieves a daily BOR of 0.08%, approximately 6% lower than that of the four-tank configuration, reducing the energy required for reliquefaction and improving operating efficiency.   Less boil-off gas means less energy is consumed by the reliquefaction system, reducing carbon emissions. The increased cargo capacity further lowers emissions per unit of cargo transported.   To address concerns about sloshing that can arise in larger cargo tanks, HHI conducted detailed strength analyses and reinforced both the structure and insulation system. These measures enable the vessels to operate safely even under partial-load conditions.     HHI showcased its three-tank LNG carrier technology at a GTT-hosted technical seminar during Gastech 2026, the world’s largest gas industry exhibition, which opened in Bangkok, Thailand, on September 14.   At the technical seminar, Hong-ryul Ryu, Chief Technology Officer at HHI, delivered a keynote address highlighting the technical strengths of the three-tank LNG carrier and its strategic value in the future low-carbon shipping market.

  -New 3 GW power generation engine production facility to be built in Ulsan, targeting full-scale operations in 2028 -Dedicated manufacturing facility for key SMR equipment to be established; global SMR market projected to grow to 150 GW by 2050 -"We will secure core competitiveness in power generation engines and SMRs to lead the global AI infrastructure market"   HD Hyundai Heavy Industries disclosed on the 10th that it will invest a total of KRW 1.0722 trillion to build a new power generation engine production facility and a dedicated manufacturing facility for small modular reactors (SMRs). The investment is aimed at strengthening the company's future competitiveness in land-based power generation engines and SMRs.   First, the company will invest KRW 833.6 billion to build a new 3-gigawatt (GW) production facility for its HiMSEN engines in Onsan-eup, Ulju-gun, Ulsan.   The new production complex will span approximately 215,000 square meters and include an engine assembly and testing facility, a crankshaft machining facility, and an engine block casting facility. Construction is scheduled to begin in the first quarter of next year, with completion targeted for May 2028 and full-scale operations to commence thereafter.   The investment is designed to accelerate HD Hyundai Heavy Industries' expansion into the land-based power generation market by leveraging decades of expertise accumulated in marine engines and proactively responding to surging power demand from AI data centers.   Through the expansion, HD Hyundai expects to secure annual production capacity of 4 GW for land-based power generation engines. The company will also improve production efficiency by operating separate production bases for HiMSEN engines.   HD Hyundai Heavy Industries' main Ulsan facility will focus on HiMSEN engines for marine applications, while the new facility and HD Hyundai Engine in Yeongam, South Jeolla Province, will specialize in HiMSEN engines for land-based power generation.   HD Hyundai expects the increased production efficiency from this dual-base production structure to expand its total HiMSEN engine production capacity for both marine and land-based power generation applications from the current 3 GW to 7.2 GW by 2030.   HD Hyundai Heavy Industries will also invest KRW 238.6 billion to establish a dedicated manufacturing facility for key SMR equipment, with SMRs increasingly recognized as a next-generation energy source. The facility will be built on the premises of HD Hyundai Heavy Industries' Ulsan shipyard, with completion targeted for the first half of 2029.   SMRs are next-generation nuclear reactors that generate less power than conventional large-scale nuclear plants and use modularized key components. They offer the advantage of providing a stable supply of electricity while helping reduce carbon emissions. Interest in SMRs has been growing rapidly amid the increase in AI data centers, which require large amounts of power around the clock.   According to the Organisation for Economic Co-operation and Development (OECD), the global SMR market is projected to grow rapidly to 150 GW by 2050. Meanwhile, only a limited volume of key SMR equipment has so far been secured for manufacturing and supply, indicating significant potential for future growth.   "This investment is aimed at securing core competitiveness in power generation engines and SMRs, which are emerging as new sources of electricity in the AI era," an HD Hyundai Heavy Industries official said. "We will proactively respond to rapidly growing power demand and take the lead in the global AI infrastructure market."   Earlier this year, HD Hyundai Heavy Industries made a full-scale entry into the U.S. data center power infrastructure market by signing power generation equipment supply contracts with Aperion Energy Group and Corban Energy Group in April and August, respectively, valued at KRW 627.1 billion and KRW 956.0 billion.