HD Hyundai eyes Morocco shipyard in North Africa push

HD Hyundai eyes Morocco shipyard in North Africa push

South Korea’s HD Hyundai Heavy Industries is seeking a 30-year operating lease for Morocco’s Casablanca shipyard, aiming to ease production bottlenecks amid a record backlog of 451 vessels. With domestic yards near full capacity, the firm plans to turn the Atlantic-facing site — set to be Africa’s largest — into a key base. The move aligns with Morocco’s maritime ambitions and Hyundai’s global expansion strategy, mirroring previous successes in Vietnam and the Philippines.

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