Shipbuilding and Offshore Engineering Division
HD Hyundai
Heavy Industries
Global No. 1 Comprehensive Heavy Industry Company in Shipbuilding
and Large Engines.
HD Hyundai Heavy Industries is the global leader in the shipbuilding and engine sector, holding the top market share. Established in 1972, it became the world’s number-one shipyard within a decade, transforming South Korea from a shipbuilding backwater to a global powerhouse. HD Hyundai Heavy Industries has grown into a global comprehensive heavy-industry company with its offshore plants, engine, machinery businesses and now leads the marine mobility market with high-efficiency, eco-friendly ships and digital solutions.
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CEO
Lee Sangkyun, Noh Jin-yul
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Established
March 23, 1972
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Revenue
KRW 11.958 trillion (as of 2023)
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Address
100, Bangeoginsunhwan-doro, Dong-gu, Ulsan, Republic of Korea
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Contact Number
+82-52-202-2114 -
Sites
BUSINESS OVERVIEW
Shipbuilding
Shipbuilding has been the core business of HD Hyundai Heavy Industries, maintaining its position as the world leader in shipbuilding orders and construction volume since 1983. With state-of-the-art facilities, including ten large construction drydocks and nine colossal Goliath cranes, along with exceptional human resources and technological prowess, HD Hyundai Heavy Industries has delivered more than 2,300 vessels, including LNG and LPG carriers as well as oil tankers and container ships, to over 340 shipowners across 51 countries.
Marine and Energy
HD Hyundai Heavy Industries undertakes projects with turnkey solutions for various fixed and floating production facilities for oil and natural gas extraction from marine oil and gas fields. It also participates in numerous renewable energy projects, such as offshore wind power generation, carbon capture storage systems, international thermonuclear experimental reactors, and small modular nuclear reactors.
Engine and Machinery
The engine and machinery business holds approximately 35% of the global market for large ship engines and was the first in the world to produce 200 million horsepower in large marine engines in 2023. HD Hyundai Heavy Industries supplies high-quality, environmentally friendly dual-fuel engines for ships, including LNG and methanol, and the proprietary HiMSEN engine and propulsion systems, delivered to diverse regions worldwide.
Naval and Specialized Ships
The naval and specialized ship business boasts a specialized team, work environment equipped with latest facilities, and advanced technologies necessary for business. With top technological capabilities, it independently designs and builds cutting-edge Aegis destroyers and multi-purpose frigates for the Republic of Korea Navy and continues to undertake next-generation projects. Additionally, it exports various naval vessels, including logistics support ships, frigates, and offshore patrol vessels, to the international defense market.