On Sunday, Oct. 26, HD Hyundai and HII signed a memorandum of agreement (MOA) on cooperation for the construction of commercial and naval vessels at the Lahan Select Hotel in Gyeongju, South Korea — the planned venue for APEC 2025. The signing ceremony was attended by Joo Won-ho, President of HD Hyundai Heavy Industries’ Naval & Special Ship Business Unit, and Eric Chewning, Executive Vice President of Maritime Systems and Corporate Strategy at HII. (third and fourth from the left in the photo).