![Kim Sung-joon, left, CEO of HD Korea Shipbuilding & Offshore Engineering, an HD Hyundai subsidiary, poses with Philippine President Ferdinand Marcos Jr., center, and Cerberus Capital Management Senior Managing Director Alexander Benard at the Philippine presidential residence in Manila, Tuesday. HD Hyundai said Wednesday that its executives at the meeting announced the company's plan to lease a portion of the Agila Subic Shipyard from Cerberus to build substructures for offshore wind farms and to maintain, repair and overhaul more naval ships. Courtesy of HD Hyundai](https://newsimg.koreatimes.co.kr/2024/05/15/96f1a346-7f81-4141-a94a-1a606c7ca8e4.jpg)
Kim Sung-joon, left, CEO of HD Korea Shipbuilding & Offshore Engineering, an HD Hyundai subsidiary, poses with Philippine President Ferdinand Marcos Jr., center, and Cerberus Capital Management Senior Managing Director Alexander Benard at the Philippine presidential residence in Manila, Tuesday. HD Hyundai said Wednesday that its executives at the meeting announced the company's plan to lease a portion of the Agila Subic Shipyard from Cerberus to build substructures for offshore wind farms and to maintain, repair and overhaul more naval ships. Courtesy of HD Hyundai