Shipbuilding & Offshore Engineering Division
HD Hyundai
Heavy Industries
The World’s Top Shipbuilder and Marine Engine Manufacturer
HD Hyundai Heavy Industries is the world’s leading heavy industry company, holding the largest global market share in shipbuilding and marine engines. Within just a decade of its establishment in 1972, the company emerged as the world’s No. 1 shipyard, transforming the Republic of Korea from a once barren land in terms of shipbuilding into a global powerhouse. By aggressively expanding into offshore engineering, as well as engines and machinery, HD Hyundai Heavy Industries has established itself as a top-tier integrated heavy industry leader on the global stage, leading the maritime mobility market through the development of eco-friendly, high-efficiency vessels and advanced digital solutions.
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CEOs
Lee Sangkyun, Keum Seokho
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Establishment Date
March 23, 1972
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Annual Revenue
KRW 14.4864 trillion (2024)
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Business Address
1000, Bangeojinsunhwando-ro, Dong-gu, Ulsan, Republic of Korea
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Contact Number
+82-52-202-2114 -
Sites
BUSINESS OVERVIEW
Shipbuilding
HD Hyundai Heavy Industries’ shipbuilding business, the backbone of the company, was ranked No. 1 in both ship orders and construction volume in 1983 and has remained at the pinnacle of the industry ever since. Armed with state-of-the-art production facilities—including ten large dry docks and nine mega Goliath cranes—exceptional human capital, and unparalleled technical expertise, we have delivered more than 2,300 vessels ranging from LNG and LPG carriers to oil tankers and container ships for 340 shipowners across 51 countries.
Marine and Energy
HD Hyundai Heavy Industries delivers turnkey solutions for various types of fixed and floating production facilities operating within offshore oil and gas fields. Additionally, we are diversifying our portfolio with wide-ranging renewable energy projects, covering areas such as offshore wind power systems, carbon capture and storage (CCS), and small modular reactors (SMR).
Engines and Machinery
HD Hyundai Heavy Industries commands approximately 35% of the global market share in large marine engines. In 2023, we became the first heavy industry company in the world to reach a cumulative production of 200 million horsepower in large-sized engines. As such, we supply our customers, who span diverse regions worldwide, with a range of cutting-edge marine engines and machinery, including eco-friendly dual-fuel engines powered by LNG, ammonia, and methanol, as well as green shipping propulsion systems and other eco-friendly marine products.
Naval & Medium
Size Ships
HD Hyundai Heavy Industries’ Naval & Medium Size Shipbuilding Business Unit proudly plays a pioneering role in Korea's naval self-reliance and defense export initiatives, while driving forward the global medium-sized vessel market. With top technological capabilities, we independently design and build highly advanced Aegis destroyers and multi-purpose frigates for the Republic of Korea Navy while proactively undertaking construction projects for next-generation destroyers and submarines. Additionally, leveraging outstanding technology and quality, we lead the global market for medium-sized product and chemical carriers, and continue to deliver a wide range of shipbuilding projects, including small- to medium-sized containerships, medium-sized gas carriers, PCTCs, and RO-PAX ferries.