Siemens and HD Hyundai team up to fuel digitalisation of US shipbuilding
They will explore investment and tech development to strengthen the US maritime industrial base, amongst others.
Siemens Digital Industries Software has signed a memorandum of understanding (MoU) with HD Hyundai to accelerate the revitalisation and modernisation of the US’s commercial shipbuilding industry.
“By combining our digital backbone with HD Hyundai’s advanced engineering, we are enabling the revitalisation of American shipbuilding and supporting the creation of a sustainable, future-ready workforce,” said Robert Jones, chief revenue officer, Siemens Digital Industries Software.
Sangmin Moon, executive vice president - Global Strategy Division, HD Hyundai, also said that the company’s “accumulated shipbuilding technology and Siemens’ digital capabilities will contribute to creating new opportunities for the US shipbuilding industry."
This collaboration positions Siemens Xcelerator as the digital backbone for the revitalisation.
Under the memorandum of understanding, the parties will collaborate to restore engineering capabilities and rebuild a sustainable talent basethrough workforce development and training programmes. They will also promote the digital transformation and automation of shipyards, validating digital workflows and platform configurations through pilot projects.
The two companies will look into investment and technology development opportunities to strengthen the US maritime industrial base and create new business opportunities. Joint governance and working groups will be established to ensure alignment with US laws and strategic priorities.
Siemens and HD Hyundai will also work on expanding the cooperative model to allied shipyards outside the US, enhancing global technological competitiveness
“The MoU is effective immediately and will guide cooperative efforts over the next year, with potential for extension and commercialisation based on successful pilot outcomes,” Siemens said.