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Message from Management
Since its establishment in 1972, Hyundai Heavy Industries has grown into
the world’s leading heavy industries company by successfully
diversifying from shipbuilding into offshore and engineering, industrial
plant and engineering, engine and machinery, electro electric systems,
construction equipment, and green energy businesses. Over the past four
decades we have encountered and prevailed over innumerable challenges
and obstacles.
Key
Car Sales, Hyundai Brand
History
Chung Ju-yung, the late founder of the Hyundai Group, created Hyundai as
a construction company in 1947. Chung decided to enter into
shipbuilding in the early 1970s ignoring that Hyundai had no experience,
capital, or shipbuilding technology whatsoever. Despite these
challenges, the company received orders for two 260,000-DWT crude oil
tankers from Greek magnate George Livanos while Hyundai's Shipyard was
still in the planning stages.
Business
HHI has a global business network in each of its seven business
divisions: Shipbuilding, Offshore & Engineering, Industrial Plant
& Engineering, Engine & Machinery, Electro Electric Systems,
Green Energy, and Construction Equipment.
The Hyundai Spirit
For four decades Hyundai Heavy Industries has been accomplishing things
thought to be theoretically and scientifically impossible. These
accomplishments are due to the company's unwavering determination and
endless efforts. The key to our success lies in the "Hyundai Spirit,"
created by HHI's founder, Mr. Chung Ju-yung.
Vision & Values
In 1972 Chung Ju-yung won his first ship order with little more than
some seaside property and a vision to become a world-class shipbuilder.
Today, our founder's determination to "create something out of nothing"
exemplifies the indomitable spirit that continues to drive us in our
quest for excellence.
We aspire to be a 'Global Leader', sailing into a brilliant future.
At a Glance
Our vision is to become a "Global Leader" in the heavy industries
sector. Four decades ago that vision was only a dream, but after
transforming an empty stretch of beach into the world's largest
shipyard, that dream has become a reality. Our vision is a vast bridge
connecting "reality" and "future" and has ultimately allowed us to lead
in our field. This vision is a part of the "Hyundai Spirit": Creative
Wisdom, Positive Thinking, and Unwavering Drive.
Shipbuilding
The world’s No.1 shipbuilding
Hyundai Shipbuilding Division, the world's number one shipbuilder, leads the global shipbuilding industry with a 15% share of the market. The Hyundai shipyard stretches over four kilometers along the coast of Mipo Bay in Ulsan, Korea. The Shipbuilding Division is capable of building all types of ships to meet various demands from its clients. It has ten large-scale drydocks with nine huge 'Goliath Cranes'.
Hyundai Shipbuilding Division, the world's number one shipbuilder, leads the global shipbuilding industry with a 15% share of the market. The Hyundai shipyard stretches over four kilometers along the coast of Mipo Bay in Ulsan, Korea. The Shipbuilding Division is capable of building all types of ships to meet various demands from its clients. It has ten large-scale drydocks with nine huge 'Goliath Cranes'.
Offshore & Engineering
Leading the Global Offshore Industry
Offshore & Engineering Division of Hyundai Heavy Industries (HHI) is located 5km away from the main shipyard of HHI and operates the world's largest offshore yard covering 292 acres. HHI's involvement in offshore structures began with a Saudi Arabian order for 89 jackets and deck structures for the Open Sea Tanker Terminal for the Jubail Industrial Harbor Projects in 1976.
Offshore & Engineering Division of Hyundai Heavy Industries (HHI) is located 5km away from the main shipyard of HHI and operates the world's largest offshore yard covering 292 acres. HHI's involvement in offshore structures began with a Saudi Arabian order for 89 jackets and deck structures for the Open Sea Tanker Terminal for the Jubail Industrial Harbor Projects in 1976.
Industrial Plant & Engineering
One-stop solution
The Industrial Plant & Engineering Division has 38 years of experience in industrial plant projects. It provides sophisticated engineering capabilities for power plants and carries out, on a turnkey basis, all phases of project implementation including engineering, procurement, fabrication, construction, commissioning, and training.
The Industrial Plant & Engineering Division has 38 years of experience in industrial plant projects. It provides sophisticated engineering capabilities for power plants and carries out, on a turnkey basis, all phases of project implementation including engineering, procurement, fabrication, construction, commissioning, and training.
Engine & Machinery
World's largest builder of marine diesel engines
The Engine & Machinery Division is the world's largest marine diesel engine builder with approximately 35% global market share. The division reached the production milestone of 130 million bhp (brake horsepower) in 2-stroke engines in 2013. The division is also a leading manufacturer of propellers, cargo oil pumps, ballast water treatment systems, and side thrusters.
The Engine & Machinery Division is the world's largest marine diesel engine builder with approximately 35% global market share. The division reached the production milestone of 130 million bhp (brake horsepower) in 2-stroke engines in 2013. The division is also a leading manufacturer of propellers, cargo oil pumps, ballast water treatment systems, and side thrusters.