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Our Heritage

HERITAGE

The Endless Journey of Challenge
and Growth at KSOE

HD Korea Shipbuilding & Offshore Engineering began its shipbuilding business with a spirit of innovation and pioneering in 1972,
evolving into one of the world's leading shipbuilding and offshore engineering companies.
Based on top-class shipbuilding technology, it has secured an unrivaled position in the offshore plant and engine machinery fields as well.

2020 - Present

Sustainable Innovation
and Challenges for the Future

We have led innovation in the shipbuilding, marine, and plant industries through the development of eco-friendly ship technology,
smart ship solutions, and next-generation energy systems. We have never stopped challenging ourselves to achieve a sustainable future
with LNG and ethane-fueled vessels, ICT-converged electric propulsion smart ships, and ammonia fuel propulsion technology.
Based on industry-first technologies and achievements, we are strengthening our competitiveness in the global market and pioneering new possibilities.

20

2022

07

Launched SD Business Unit for Gas & Decarbonization System

2020

09

Hyundai Samho Heavy Industries delivers the world's first LNG-powered ultra-large container ship

08

Hyundai Heavy Industries installs energy-saving device (Hi-PSD) on container carriers for the first time

Hyundai Mipo Shipyard wins order for Korea's first ICT-integrated electric propulsion smart ship

07

Hyundai Heavy Industries integrates the Shipbuilding and Offshore divisions

Hyundai Heavy Industries' engine controller (HiMECS) wins 'IR52 Jang Young-sil Award'

Hyundai Mipo Shipyard obtains Korea's first Approval in Principle (AIP) for ammonia-fueled ship

Hyundai Energy Solutions completes 750MW solar smart factory

05

Hyundai Heavy Industries launches first ethane-powered vessel

04

Hyundai Heavy Industries manufactures the world's first vacuum vessel for the International Thermonuclear Experimental Reactor (ITER)

03

Ka Sam-hyun appointed as CEO

Hyundai Heavy Industries launches industry's first Shared Growth Office

Hyundai Samho Heavy Industries builds Korea's first LNG-powered container ship

02

Hyundai Heavy Industries Group 1% Sharing Foundation established

Hyundai Heavy Industries Group's seven vessels selected as 'World's Best Ships 2019' (NAVAL ARCHITECT)

01

Curved forming robot system wins 'IR52 Jang Young-sil Award'

Hyundai-Vinashin Shipyard renamed to "Hyundai-Vietnam Shipbuilding"

Hyundai Samho Heavy Industries achieves 100 ships built on land

2010 - 2019

A Decade of Innovation: HD Korea Shipbuilding & Offshore Engineering's Voyage to the Future

We have established ourselves as a global leader in the shipbuilding, offshore, and plant industries through relentless innovation and challenges.
While achieving sustainable technological innovations such as LNG-fueled ships, smart ship technology, and next-generation power generation solutions,
we have strengthened our future competitiveness through new market development and business restructuring.
Hyundai Heavy Industries continues its powerful voyage toward sustainable growth and global industry leadership.

20

2019

11

Hyundai Heavy Industries launches second 2,600-ton Philippine frigate

Kwon Oh-gap inaugurated as Chairman

10

Hyundai Heavy Industries signs contract for detailed design and construction of lead ship for Gwanggaeto-III Batch-II

09

Hyundai Heavy Industries signs VLCC design license agreement with Saudi joint venture shipyard, International Maritime Industries Co. (IMI)

06

Hyundai Heavy Industries splits businesses and changes name to "Korea Shipbuilding & Offshore Engineering"

Vice Chairman Kwon Oh-gap appointed as CEO

05

Hyundai Heavy Industries Green Energy renamed to "Hyundai Energy Solutions"

04

Signing of the main contract for the acquisition of Daewoo Shipbuilding & Marine Engineering

03

Special Ship Division signs 'Next-generation Naval Platform Joint Research Agreement' with Korean Register

Ka Sam-hyun and Han Young-seok appointed as Presidents (19th)

02

Hyundai-Vinashin Shipyard (HVS) achieves construction of 100 ships

2018

12

Hyundai Heavy Industries Integrated Safety Training Center opens

Engine Division completes Colombia's Termonorte engine power plant (first dual-fuel engine power plant)

International Thermonuclear Experimental Reactor (ITER) Toroidal Field Coil Structure (TFCS) wins 'IR52 Jang Young-sil Award'

11

Selective Catalytic Reduction (SCR) selected as 'World-class Product'

Hyundai Art Center-USP Chamber Orchestra wins the Mecenat 'Best Couple Award'

Hyundai Mipo Shipyard's Bangkomax container ship and methanol carrier selected as 'World-class Products'

Ka Sam-hyun appointed as President (18th)

10

Shipbuilding Division's Special Ship sector upgraded to Special Ship Business Division

Shipbuilding Division delivers world's first ice-breaking LNG-FSRU 'Marshal Vasilevskiy'

09

Special Ship Division delivers first 23,000-ton next-generation military support ship 'Soyang'

08

Plant Business Division's Boiler sector launches as an independent company, Hyundai Heavy Industries Power Systems

Offshore Division completes the departure of the NASR oil production facility

Central Research Institute successfully demonstrates a Single Mixed Refrigerant system

Hyundai Mipo Shipyard achieves 22 consecutive years without labor disputes

07

Hyundai Samho Heavy Industries delivers the world's first LNG-fueled oil tanker

06

Intelligent Engine Management Solution (HiEMS) wins 'IR52 Jang Young-sil Award'

05

Jointly develops 'LNG Economic Navigation Solution'

Hyundai Mipo Shipyard achieves construction of 1,000 ships

Hyundai Samho Heavy Industries successfully uprights the Sewol ferry

04

Special Ship Division delivers 4,900-ton landing ship Ilchulbong

03

Welding Monitoring System (WeDAS) 2.0 is fully operational

Obtains Provisional Acceptance Certificate (PAC) for Saudi Arabia's 2,640MW Shuqaiq Thermal Power Plant

Seawater-glycol LNG regasification system wins 'IR52 Jang Young-sil Award'

Hyundai Samho Heavy Industries delivers the world's first scrubber-equipped VLCC

02

Shipbuilding Division delivers the world's first Full Tandem container ship

01

Signs contract for the construction of two ASLNG (Nearshore LNG Facility) hulls and basic design

Establishes the world's first LNG vessel mixed refrigerant complete reliquefaction demonstration facility (jointly developed with the UK's LGE)

Engine Division signs MOU with Denmark's MAN Diesel & Turbo for LPG dual-fuel engine business

2017

12

Completes verification evaluation of independently developed ship exhaust gas scrubber

11

Six advanced technologies and products selected by the Ministry of Trade, Industry and Energy

Produces the first V-type dual-fuel HiMSEN engine (H35DFV)

Signs MOU with KT for narrowband IoT service cooperation

Completes construction of 51.5 MWh Energy Storage System (ESS) center

Unveils bust of founder Chung Ju-yung at Asan

Hyundai Mipo Shipyard's LNG bunkering vessel selected as 'World-class Product'

10

Develops basic design of 18 and 25-ton LNG-powered bulk carriers

Wins one gold and two bronze medals at the 44th International Skills Olympics

09

Signs MOU for joint LNG research with Australian LNG Research Center

Signs an agreement with the University of Ulsan for Digital Transformation (DT) human resource development

Successfully implements the world's first container ship Full Tandem construction method (based on launch criteria)

Offshore Division's 'Aasta Hansteen topside facility' departs

07

Opens industry's largest virtual simulation center (HILS)

06

Completes industry's first comprehensive LNG ship demonstration facility

Special Ship Division delivers next-generation mine-laying ship 'Nampo'

Completes Offshore Division's 'Odoptu Oil and Gas Production Facility Expansion Project'

Hyundai Samho Heavy Industries establishes joint venture with Russia (Zvezda-Hyundai)

04

Splits Hyundai Heavy Industries businesses (Hyundai Heavy Industries, Hyundai Robotics, Hyundai Electric & Energy Systems, Hyundai Construction Equipment)

Offshore Division's 'Aasta Hansteen cylindrical substructure' departs

Hyundai Samho Heavy Industries successfully attracts 400 billion won investment from IMM PE

03

Opens industry's first Virtual Reality (VR) safety experience center

Independently develops a new concept for the LNG regasification system

Hyundai Samho Heavy Industries delivers the world's first LNG-fueled ice-class oil tanker

02

Achieves the shortest time to produce 5,000 propellers

Hyundai Global Service enters the eco-friendly ship service business

01

Engine Division signs MOU with Switzerland's Winterthur Gas & Diesel (WinGD) for advanced ship engine diagnostic function cooperation

2016

12

Hyundai Global Service Co., Ltd. launched

Green Energy Business Division spins off as an independent company, Hyundai Heavy Industries Green Energy Co., Ltd.

Hyundai Mipo Shipyard's LEG carrier selected as 'World-class Product'

11

Plant Division completes 'Az-Zour North power generation and desalination plant'

Develops world's first 'supercritical CO2 power generation facility' source technology

Begins emergency diesel generator project for Shin-Kori Nuclear Power Plant Units 5 and 6

Offshore Division's Badamyar gas compression platform (LCP) departs

Vice Chairman Kwon Oh-gap and President Kang Hwan-goo (17th) inaugurated

10

Delivers a Moss-type LNG carrier after 10 years

Wins order for two 2,600-ton state-of-the-art frigates from the Philippines

09

Signs a mutual cooperation MOU with Russian state-owned enterprises

Obtains final essential approval for movable accommodation 'SkyBench'

Delivers LNG carrier (Hull No. 2733) equipped with the world's most efficient 'gas processing system'

Plant Division wins order for Korean launch vehicle launch pad (KSLV-II)

08

Plant Division completes Hyundai Oilbank factory boiler No. 10

Engine Division signs MOU with Denmark's MAN Diesel & Turbo for joint research on large engines

07

World's first application of 'high fire-resistant insulation material' on LPG carriers

Diamond Offshore takes delivery of the world's largest semi-submersible drilling rig

Plant Division wins order for key components of International Thermonuclear Experimental Reactor (ITER)

06

Plant Division completes desalination facility for 'Az Zour North combined cycle power and desalination plant'

Chairman Livanos of Greece visits the company to attend the ship naming ceremony

Launches high-performance, eco-friendly new skid loader

Ships the world's largest distillation tower, 121m in height

Accelerates the demonstration of independently developed advanced medical robots at four hospitals nationwide

Offshore Division completes 'Jangkrik FPU (Floating Production Unit)'

05

Jointly develops 'Supercritical CO2 Power Generation Technology' in cooperation with Korea Electric Power Corporation and POSCO

Launches next-generation smart ship 'OceanLink' utilizing big data

Special Ship Division delivers 'Yi Chung-ho,' Korea's largest 5,000-ton patrol ship

03

HiMSEN engine production exceeds 10,000 units

Completes construction of 15-story dormitory 'Yuljeonjae'

Signs MOU with US GE for gas turbine propulsion ship business cooperation

02

Manufactures the world's first high-pressure nitrogen oxide reduction device (HP SCR)

1,500-volt solar power generation module obtains US UL (Underwriters Laboratories) certification

Engine & Machinery Business Division's Industrial Machinery sector launches as an independent company, Hyundai Heavy Industries Turbo Machinery

01

Hyundai Heavy Industries' labor and management donate 1.1 billion won to the social welfare fund

2015

12

Manufactures the world's first 'Tier-III' eco-friendly engine

LNG-FSRU selected as 'World-class Product'

Hyundai Mipo Shipyard's car carriers and juice carriers selected as 'World-class Products'

Hyundai Samho Heavy Industries achieves a record of 500 ships built

11

Signs a strategic cooperation MOU with Saudi Aramco

Celebrates the founder's 100th birth anniversary

10

Converts all solar cell production lines to high-efficiency PERL (Passivated Emitter Rear Locally diffused) type

Engine & Machinery Division exports engines for land-based generators to the US for the first time

Develops high-speed 8th-generation LCD transport robot

Begins offshore plant standardization initiative with American Bureau of Shipping (ABS)

Plant Division wins order for Al-Zour refinery worth $1.18 billion

09

New promotional film wins silver in video/film category at 'International Business Awards'

Engine Division develops high-performance new HiMSEN 'CLEAN Engine'

Jointly develops medical robot 'Morning Walk' with Seoul Asan Hospital

08

Begins development of 'Next-generation Smart Ship'

Selected for 'Fortune Global 500' for a ninth consecutive year

Engine Division wins order for emergency generator engines for overseas nuclear power plants

07

Large Engine Division achieves world's first 150 million horsepower production

Jointly develops a next-generation gas turbine engine and a next-generation LNG carrier with US GE

Develops the shipbuilding industry's first GIS-based 'Marine Weather Forecast System'

Medium Industry Institute develops a hybrid welding system

06

Develops movable accommodation 'SkyBench'

05

Deli+D120:D135vers world's first 2,000 ships

03

Develops Korea's first 10.5-generation LCD robot

HiMSEN engine cumulative production exceeds 9,000 units

Establishes an outplacement support center for retired employees

Signs MOU with Ulsan City to support the construction of the National Industrial Technology Museum

02

Completes the world's largest cylindrical Goliat FPSO

Develops eco-friendly 'gas processing system' with enhanced stability through cutting-edge control technology

Completes construction of Korea's largest 10,000-ton marine crane

01

Special Ship Division delivers next-generation frigate 'Jeonbuk'

Successfully conducts first trial operation of dual-fuel large engine (ME-GI engine)

Selected for 'World Superior Ships' for 32 consecutive years

Hyundai Heavy Industries Group launches 'Group Ship After-Sales Service Center'

Integrates Offshore and Plant Business Divisions

2014

12

Engine Division signs technology development MOU with Korea Gas Corporation

Hyundai Mipo Shipyard's LPG carrier selected as 'World-class Product'

Hyundai Samho Heavy Industries' three ship types (container ship, car carrier, ore/coal carrier) selected as 'World-class Products'

11

Jointly develops 'medical robot' with Seoul Asan Hospital

Delivers the world's largest 19,000 TEU container ship

Offshore Division signs contract for UAE marine construction project (offshore platform and subsea cable) worth 2.1 trillion won

10

Shipbuilding Division launches accommodation vessel

Chairman Choi Gil-sun and President Kwon Oh-gap appointed as representative directors

09

Kwon Oh-gap inaugurated as new President (16th)

Develops industry's first automatic painting equipment for ship block bottoms

08

Choi Gil-sun inaugurated as Chairman

Publishes first 'Sustainability Report'

Green Energy designated as a US UL solar module authorized testing laboratory

The Shipbuilding Division builds a Moss-type LNG carrier after 8 years

07

Develops 'Robot Hot-Wire TIG' welding technique

Launches state-of-the-art submarine 'Yun Bong-gil'

Wins order for $700 million offshore gas production platform

Offshore Division wins offshore oil field project worth 2 trillion won

Develops Korea's first 'Collision Avoidance Support System (HiCASS)'

06

China's CSCL begins construction of the world's largest 19,000 TEU class container ship

The Shipbuilding Division develops integrated electric bogie automatic welding equipment

Selected as one of the 'Top 100 Outstanding Companies for Job Creation 2014' by the Ministry of Employment and Labor

Engine Division completes 100MW power plants in Panama and the Middle East

Offshore Division begins construction of cylindrical gas production facility 'Aasta Hansteen'

Wins the 'Shanghai CSR Outstanding Company' award hosted by the Shanghai Consulate General

Offshore Division achieves '10 million hours without accident'

05

Produces the 5,000th large engine crankshaft

Donates 4 billion won for Sewol ferry disaster relief

04

Green Energy produces 'PERL-type' solar cells

Gallup Korea survey selects founder Chung Ju-yung as 'Most Respected Wealthy Person'

03

Gunsan Shipyard opens region's first workplace childcare center

Offshore Division wins $250 million FPU (Floating Production Unit) order

Holds the world's first simultaneous naming ceremony for five ships

Selected as one of Fortune magazine's most admired companies (ranked 5th globally in the industrial equipment sector)

EcoBallast (UV sterilization ballast water treatment system) obtains US AMS certification

Offshore Division completes US semi-submersible oil production facility 'Delta House FPS'

02

Green Energy completes 'Changjuk Wind Farm' in Taebaek City, Gangwon Province

Ranks first in the industry for intellectual property rights (patents, utility models, trademarks, designs) for three consecutive years

Begins full-scale construction of the world's largest rig vessel

Begins construction of 'hotel at sea' accommodation vessel

In-house broadcasting station HHBS celebrates 20th anniversary

Wins a plant order worth 1.2 trillion won in Kuwait

Independently developed 'HiMSEN engine' production exceeds 8,000 units

Technical Education Institute selected as 'Career Experience Education Donation Certification Institution'

Successfully builds the world's first 'offshore LNG terminal'

Ranked 1st in the shipbuilding sector of 'Korea's Most Respected Companies 2014' for nine consecutive years

01

Declares Hyundai Heavy Industries Group talent vision: 'Creative Practitioner'

Selected for 'World Superior Ships' for 31 consecutive years

Begins construction of world's largest 19,000 TEU container ship

Hyundai Heavy Industries Group donates 4 billion won for community support

2013

12

Wins order for basic design of 'Korean Launch Vehicle (KSLV-2)' launch pad

All business sites obtain Energy Management System (ISO 50001) certification

Signs MOU with Korea Midland Power Corporation for joint development of mobile power ships

Plant Division wins power plant order worth 1 trillion won in Kuwait

Develops 'FLNG cargo hold safety assessment' technology

Develops Korea's first 'subsea production plant design simulator'

World's largest cylindrical FPSO selected as 'World-class Product'

Wins order for the second next-generation landing ship (LST-II)

Hyundai Mipo Shipyard's asphalt carrier selected as 'World-class Product'

11

Offshore Division's 'OFON2 Platform' departs

Signs agreement for R&D facility occupancy in Techno Business Complex

Plant Division wins order for International Thermonuclear Experimental Reactor magnet structure (2nd phase)

Hyundai Heavy Industries Group donates $200,000 for Philippine typhoon relief

10

In-house 'Health Promotion Center' celebrates 10th anniversary

Opens 'Shared Growth Education Support Center' for partner companies

09

Develops Korea's first twin-shaft LNG carrier '3-wing propeller'

08

Wins order for 10 ultra-large container ships worth $1.4 billion from Dubai's UASC

Wins order for subsea pipe construction worth $170 million from Qatar's RasGas

Plant Division wins order for ultra-large thermal power plant worth $3.3 billion

HiBallast obtains the US 'AMS (Alternate Management System)' certification

07

Engine Division wins order for Japan's Nissan Automobile press line

All participants place and win MVP at the 42nd International Skills Olympics

Ranks 1st in Mecenat (cultural and arts support activities) for a second consecutive year

Full-scale development of 'Smart Ship 2.0'

Joint research by 10 institutions develops digital radar for ships

06

Receives top 'Excellence' rating in large corporation shared growth index evaluation

Signs an agreement with KAIST for future new technologies

Completes 8-story Outwork Building 2, housing approximately 2,500 people

05

Launches world's first 'offshore LNG plant', LNG-FSRU

Shipbuilding Division wins order for world's largest 18,400 TEU container ship

Engine & Machinery Division develops a small welding robot for shipbuilding

Engine & Machinery Division successfully conducts inclination test for HiMSEN engine marine equipment

Shipbuilding Division wins order for the world's largest semi-submersible drilling rig worth $750 million from the US

04

Shipbuilding Division independently develops a membrane-type LNG cargo containment system

Offshore Division wins $1.9 billion FPSO order for North Sea

Plant Division completes the BTX plant in the shortest time

Engine & Machinery Division completes HiMSEN engine durability test facility

Offshore Division wins $2 billion offshore equipment order

03

Engine & Machinery Division develops a 30,600 horsepower HiMSEN engine

FPSO low-vibration and low-noise technology receives the highest grade

Engine & Machinery Division manufactures high-efficiency, eco-friendly G-type engines

In-house university 'Hyundai Heavy Industries Engineering College' opens

02

Establishes 'Green Factory' with solar power facilities

Wins order for 40MW wind turbine (Yeongam Wind Power Plant)

01

Engine & Machinery Division's independently developed 'HiMSEN engine' production exceeds 7,000 units

Donates 1.12 billion won for community support (social contribution fund certificate)

Begins world's first LNG-FSRU construction

Delivers next-generation frigate (FFG) 'Incheon'

2012

12

Sets new record for most 'World-class Products' in Korea (37), adding three more (drillship, diesel engine, large forklift, 345kV shunt reactor)

Naming ceremony for the first 160,000-ton shuttle tanker (Hull No. 2518) for Norway's KNOT

Hyundai Mipo Shipyard's ConRo vessel selected as 'World-class Product'

11

Develops world's first dual-fuel engine package

Develops an independent LNG cargo containment system (Lobe-Bundle Tank) model

10

Completes Chungbuk Eumseong Solar R&D Center

Launches world's largest semi-submersible carrier

Wins the $3.2 billion Jeddah power plant project in Saudi Arabia

09

Delivers the third Aegis destroyer 'Seoae Ryu Seong-ryong'

Wins $620 million drillship order from the US

Receives presidential commendation as 'Outstanding Company for Senior Employment'

Technical Training Institute celebrates 40th anniversary

Develops a drillship TIG automatic welding device

08

Selected as 'Great Place to Work' for five consecutive years (ranked 1st by industry)

Develops FLNG (Floating Liquefied Natural Gas Production, Storage and Offloading) unloading evaluation technology

07

Signs a contract for 10 13,800 TEU container ships from Greece

Plant Division signs contract for CFBC boiler project worth 150 billion won

Engine & Machinery Division's Portable Power Station (PPS) exceeds 1,000 units

Ranks 1st among Korean companies in Mecenat (cultural arts support)

06

First export to the US of a domestically developed artificial joint surgery robot

Engine & Machinery Division exports independently developed eco-friendly gas engine

05

Develops the world's highest efficiency SE solar cell

Offshore NR2 jack-up enters Guinness World Records

Completes 3.4MW PPS (Portable Power Station) in Galapagos, South America

Completes $1.7 billion Al Dur thermal power and desalination plant

Wins $650 million drillship order from US Diamond Offshore

Opening ceremony for 'Shipbuilding IT Convergence Innovation Center'

04

Completes the world's largest Usan FPSO

Plant Division wins $300 million combined heat and power plant project in Saudi Arabia

03

Develops a variable propeller propulsion system for ships

Asan Memorial Exhibition Hall celebrates 3rd anniversary (approximately 479,000 visitors)

Achieves world's first 100 million GT ship delivery

02

110 ships ordered with the Smart Ship system

The cumulative production of large marine engines exceeds 4,000 units

Develops an integrated security solution, 'Smart Security'

01

First development of the 'LNG-FPSO' independent model

2011

12

Wins 1 trillion won Nigerian offshore facility order

Sets new record for most 'World-class Products' (34), adding three more (explosion-proof motor, multi-purpose carrier, LCD robot)

11

Obtains final approval for electrolysis-type ballast water treatment system

Completes Qatar's ultra-large gas fuel conversion facility 'Pearl-GTL'

Obtains international certification for transformerless solar power conversion device

Offshore Division successfully completes 23,000-ton topside jack-up

Patents diesel engine fuel pump damage reduction technology

Develops ship hydroelastic load assessment technology

Offshore Division achieves 10 million ton shipbuilding record (7 years)

10

Establishes a 4G LTE communication network

Begins construction of Hungary's largest solar power plant

Wins 17th overall championship at International Skills Olympics (3 gold, 1 excellence award)

09

Completes comprehensive research, building

Ship and Offshore Research Institute patents independently developed full-swing rudder

08

Hyundai Heavy Industries Group and the founder's family establish 'Asan Nanum Foundation'

Hyundai Heavy Industries Group donates 3 billion won for flood recovery

Develops the world's largest 190,000-ton ice-breaking cargo ship

Develops an automatic welding device for car carriers

07

Plant Division holds groundbreaking ceremony for Oilbank BTX (Benzene, Toluene, Paraxylene) plant

Offshore Division's Bongkot gas pressurization and purification facility departs

Selected for Fortune magazine's 'Global 500' for five consecutive years

06

Begins construction of world's largest cylindrical FPSO (Floating Production, Storage and Offloading)

Wins world's first LNG-FSRU order

05

Builds next-generation frigate (2,300-ton) 'Incheon'

Wins orders for the world's most drillships (7 in total)

Engine & Machinery Division completes new robot factory with 4,000 units annual capacity

04

Completes world's largest Saudi MARAFIQ power plant (total generation capacity 2,750MW)

Gunsan Shipyard achieves triple zero-accident record (10.3 million hours)

03

Develops two new HiMSEN engine models (H25/33V, H17/28U)

Offshore Division wins $1.2 billion FPSO order for North Sea

Successfully localizes artificial joint surgery robot for the first time in Korea

Wins $1.8 billion offshore facility order from UK's BP

Launches third Aegis destroyer 'Seoae Ryu Seong-ryong'

Builds world's first Smart Ship

Lee Jae-sung inaugurated as Chairman, Kim Oe-hyun as President (15th)

02

Delivers world's first 1,700 ships

Technology Development wins German Federal Design Award (HiMSEN engine, ship monitoring and control system)

Wins order for world's largest 110,000-ton offshore equipment carrier

Engine & Machinery Division achieves 5,000 units of HiMSEN engine production

01

Establishes Green Energy Business Division

Green Energy establishes 2GW wind farm in Pakistan

Plant Division establishes Engineering Center at Seoul Gyedong Office Building

Delivers world's first eco-friendly ultra-large crude oil carrier (VLCC)

Wins a 590 billion won drillship order from US Diamond Offshore

Offshore Division wins $900 million Qatar Barzan installation project

Hyundai Heavy Industries Group donates 5 billion won for community support

Hyundai Mipo Shipyard achieves construction of 500 ships

2010

12

Sets new record for most 'World-class Products' in Korea (31)

Completes Nigeria EGP-3 gas plant

Signs a salary, spare change, donation agreement

Wins the Presidential Award for 'Korea Robot Technology Awards'

11

Delivers first drillship 'Deepwater Champion'

Selected for 'World Superior Ships' for 28 consecutive years (total 45 ships)

Completes 2.2MW solar power plant in Nordfriesland, Germany

10

Establishes Korea's largest thin-film solar cell factory (annual production 100MW)

Selected as 'Outstanding Institution' for human resource development

09

Builds first drillship 'Deepwater Champion'

The world's first large engine cumulative production exceeds 100 million horsepower

08

Diversifies into the energy sector with the acquisition of Hyundai Oilbank

Wins order for world's largest US solar power plant

Wins order for $110 million Portable Power Station (PPS) from Ecuador

Establishes the shipbuilding industry's first ship lifecycle management (PLM) system

07

Shipbuilding Division delivers over 1,500 ships

HiMSEN engine and ship control system (ACONIS-DS) win international design award

The Technology Development Division and the Engine & Machinery Business Division jointly develop the 'robot monitoring system'

06

Successfully develops Korea's first high-output eco-friendly gas engine

Develops 'intake humidification system' for HiMSEN engines

Wins $1.6 billion power plant order from Saudi Arabia

Completes 7.7MW solar power plant in Dithmarschen, Germany

05

Engine & Machinery Division wins $70 million diesel power plant (DPP) order from Bangladesh

Industrial Technology Research Institute successfully develops non-catalytic NOx reduction device

Establishes the world's first low-carbon green growth 'greenhouse gas inventory'

04

Completes the construction of Gunsan Shipyard and the wind power generator factory

Offshore Division achieves 4 million accident-free hours on the Usan FPSO project

Wins order for 204MW portable power station (PPS) from Venezuela

Plant Division signs overseas power generation business MOU with Korea Southern Power

Donates 400 million won for the Cheonan warship relief fund

03

Signs $1.4 billion Myanmar gas field construction contract

Successfully manufactures eco-friendly ship engines with 15% reduced nitrogen oxide emissions

Selected as 'Korea's Most Respected Company 2010' for seven consecutive years

Gunsan Shipyard holds first ship naming ceremony

Selected as the 'Best Model Taxpaying Company'

Signs the investment agreement for Muju Wind Farm development

World's first online electric vehicle operation (joint development with Technology Development and Electrical & Electronic Systems Divisions)

Achieves 20 million horsepower for medium engines in the world's shortest time

Wins the Outstanding Company Award at the '19th Economic Justice Enterprise Awards'

Ballast water treatment system 'EcoBalast' receives final approval from the International Maritime Organization

Solar PCS receives JET certification from the Japan Electrical Safety & Environment Laboratory

02

Wins order for world's largest cylindrical FPSO (Floating Production, Storage and Offloading)

Donates 1.04 billion won to the community service contribution fund

01

Signs an agreement with Jeollabuk-do Province for wind farm development

Manufactures core equipment, 'artificial sun', for ITER (nuclear fusion energy development)

Signs agreement with Pakistan's YB for 50MW wind farm development

2000 - 2009

Navigating the Sea of Innovation: HD Korea Shipbuilding & Offshore Engineering's Challenges and Achievements

This was the period when the company established itself as a global leader in shipbuilding, offshore, plant, and energy industries.
Continuously breaking records as the first, largest, and best, the company led future industries from shipbuilding and eco-friendly energy to advanced robotics and nuclear fusion research. We share Hyundai Heavy Industries' journey of continuous innovation, encompassing land-based construction technology, extensive engine development, and the expansion of solar and wind energy businesses, which have reshaped the global industrial landscape.

20

2009

12

Plant Division wins order for ITER (International Thermonuclear Experimental Reactor) core device vacuum vessel

Delivers 214-ton submarine 'Ahn Jung-geun'

Gunsan Shipyard holds launch ceremony for first two 180,000-ton bulk carriers

Acquires Hyundai Corporation shares

HiMSEN engine wins international industrial design award

Wins $250 million ultra-high voltage transformer order from South Africa

Hyundai Samho Heavy Industries achieves industry's shortest time record for 30 million tons of ship construction

Min Gye-sik inaugurated as Chairman, Lee Jae-sung as President (14th)

11

Shipbuilding Division successfully builds first drillship using proprietary method

Develops Korea's first '3D hull block virtual mounting system'

Digital protective relay wins 'IR52 Jang Young-sil Award'

Begins construction of Taebaek Wind Farm

Wins the Presidential Award at the 'Korea Logistics Awards'

10

Engine & Machinery Division wins orders for about 200 LCD transport robots

President Choi Gil-sun receives 'Industry Technology Sector Award' at 23rd Inchon Awards

Wins the most prominent single offshore construction project worth $2.06 billion with US Chevron

Independently develops a submarine leakage monitoring device

09

Selected as one of the Wall Street Journal's 'Top 10 Most Respected Companies'

Begins establishment of Korea's largest 200MW domestic wind power complex

Achieves world's first cumulative production of 90 million horsepower

Korean-type nuclear fusion research device 'KSTAR' begins full operation

Builds Korea's first hybrid patrol vessel 'Pacific 9'

Wins order for $2.6 billion 2,000MW gas combined cycle power plant in Kuwait

Wins the top Presidential Award for 'Labor-Management Culture Awards'

Operates the world's first 'Digital Shipyard' applying WiBro (wireless broadband network)

08

Wins orders for one state-of-the-art submarine and five Coast Guard patrol vessels

Completes Gunsan Shipyard 1.3 million-ton dock

Wins $120 million order for diesel submarine core components from Germany's HDW

07

Engine & Machinery Division successfully localizes robot for press automation line

Plant Division wins $1 billion gas processing facility order from UAE

06

Begins construction of first FPSO in H-dock

Delivers a 7,000 TEU container ship equipped with eco-friendly 'Eco Ballast'

Develops a multi-layer, continuous automatic welding system for thick plates

Models of 'Megalonisos' and 'Meridian Lion' displayed at the US History Museum

05

Opens Comprehensive Education and Culture Center (Industry-Academic Cooperation Research Institute)

04

Completes world's first FPSO (Floating Production Storage and Offloading) specialized 'H-dock'

Successfully localizes 4th generation LCD (Liquid Crystal Display) transport robot

Creates Korea's first in-facility 'WiBro Zone (Wireless Mobile Internet Area)'

03

Opens Asan Memorial Exhibition Hall (1,934㎡ scale)

Selected as 'Korea's Best Workplace 2009' by US Hewitt Associates

Develops gearless 2.5MW wind power generator (120-pole 690V permanent magnet type)

02

Offshore Division completes 1 million-ton H-dock

Establishes Korea's largest wind power generator production factory with an annual capacity of 600MW

01

Completes the world's first T-shaped dock

2008

12

Successfully develops key components for Korean high-speed rail (KTX-II)

Wins the international industrial design award in Germany for 'Industrial Robot Controller (TP501)'

Sets new record for most 'World-class Products' in Korea (25)

Korea's first 7,600-ton Aegis destroyer (KDX-III) 'King Sejong the Great' commissioned

World's first delivery of 102 ships in a year

11

Wins $40 million order for solar modules from Germany's MHH Solartechnik GmbH

Founder Chung Ju-yung receives 'DMZ Peace Award' Grand Prize

10

Achieves world's first cumulative production of 80 million horsepower for large engines

Electrical & Electronic Systems Division wins large-scale solar module order from Italy

Engine & Machinery Division develops an autonomous robot for panels

Develops world's first deep well pump 'sealing flange'

Offshore Division builds 82,000㎥ LPG carrier on land

Engine & Machinery Division wins first order for power generation cooling water pump from Russia

09

Develops Korea's first 11,000 horsepower high-output V-type HiMSEN engine

Obtains certification for serial robot motion control new technology (NET)

Engine Division wins Korea's first order for crude oil stockpile base pump

Develops world's first remote control valve

Completes the new main building

Signs the agreement for the organ donation campaign

Electrical & Electronic Systems Division obtains official certification for solar converter PCS

07

Selected for Fortune magazine's 'Global 500 Companies 2008'

Wins the 'Grand Prize' at the 3rd Korea Weather Information Awards

Korean-type nuclear fusion research device (KSTAR) 'artificial sun' successfully operates for the first time

Develops a ship operation simulator

06

Names ultra-large Akpo FPSO worth $1.5 billion

Launches Korea's largest 1,800-ton submarine (KSS-II) 'Ahn Jung-geun'

World's first development of a ship thrust wing for fuel savings

05

Opening ceremony for Haenam 1.2MW solar power plant

Selected as top company in '2008 Respected Companies'

Groundbreaking ceremony for Gunsan Shipyard

Completes Engine Plant 3 (production capacity: 160 large engines, 1,500 medium engines)

Opening ceremony and investment agreement for the Chungbuk Eumseong solar plant

Develops a collection device for marine diesel engines

04

Obtains international patent for the world's first 'tandem flooding method'

Industrial robots enter the electronics field (successfully localizes 8th generation LCD transport robot)

Develops major ship noise source control technology

Establishes solar module and solar cell production line worth 100 billion won annually

Selected as Wall Street Journal's 'Most Respected Company' and 'Innovative Company'

03

Achieves monthly world record for most significant orders ($5 billion)

Establishes polysilicon joint venture with KCC

Groundbreaking ceremony for the Industry-Academic Cooperation Research Institute

Develops a double-hull lattice automatic welding machine

02

Wins the Grand Prize in the large enterprise category of the '2008 Korea Labor-Management Cooperation Awards'

Shipbuilding Division achieves 10 million accident-free hours

Selected as 'Most Respected Company' for five consecutive years

Wins $660 million drillship order from Greece's Metrostar Management Corp.

01

155,000㎥ electric propulsion LNG carrier selected for BP Group's eco-friendly 'Grand Prize'

2007

12

Ship orders exceed 200 vessels, $20 billion

Receives '$10 billion Export Tower' on Trade Day

Develops Korea's first independent model HiMSEN gas engine

HiRoboLink wins 'IR52 Jang Young-sil Award'

Delivers state-of-the-art diesel submarine 'Son Won-il'

11

Builds the world's largest 216,000㎥ ultra-large LNG carrier

Develops independent design technology for the HiMSEN engine piston

Commercializes Korea's first eco-friendly hybrid technology

Selected for 'World Superior Ships' for 25 consecutive years

Wins the '8th Korea Mecenat Grand Prize' (ranked 1st in cultural arts support)

Hyundai Mipo Shipyard achieves construction of 300 newbuild ships

10

Groundbreaking ceremony for Gunsan shipbuilding block factory

Wins a mass order for 192 power generation units from Latin America

Names the world's first land-built LPG carrier

09

Plant Division completes Korean superconducting nuclear fusion facility

08

Names Korea's first 10,000 TEU container ship

Wins orders for twelve 13,000 TEU container ships

Builds the world's largest 216,000㎥ LNG carrier

Completes the Eumseong solar equipment factory

Crude oil loading pump receives the Ministry of Science and Technology's new technology certification

07

Successfully completes world's first land-based construction of ultra-large LPG carrier

06

Manufactures the world's largest electronically controlled large engine (109,000 horsepower)

Launches Korea's latest submarine No. 2 'Jeongji'

Plant Division wins $1.1 billion power generation and desalination plant order from Saudi Arabia

05

6,200 people participate in the organ donation movement

Launches Korea's first 7,000-ton Aegis destroyer (KDX-III) 'King Sejong the Great'

'Son Won-il' sets the highest submersion record in Korean Navy history

04

First Korean company to sign a business agreement with the Korea Meteorological Administration

03

Announces management philosophy and labor-management joint declaration

02

Wins order for Korean artificial satellite (KSLV-I) launch pad construction

Navigation equipment integrated control system (HTibs) wins 'IR52 Jang Young-sil Award'

Medium engine production reaches 10 million horsepower

01

Builds solar equipment factory in Eumseong, Chungbuk

Selected for 'World-class Products' for six consecutive years (new certification for medium crankshaft)

2006

11

Builds world's first undersea LNG tank

10

World's first land-based construction of LPG carrier (82,000㎥)

Signs love-sharing blood donation pledge

09

Wins the 'World Class' award as Korea's top company for four consecutive years

Technical exchange between the Industrial Technology Research Institute and the US Naval Research Laboratory

08

Korea's first overseas oil field development equipment departs (Vietnam Long Doi)

First entry into the GTL equipment market (Qatar gas facility)

07

Signs the industrial safety informatization project agreement with Ulsan City

Portable power station and large-capacity power transformer additionally selected as 'World-class Products'

Selected as 'Company with Excellent Governance Structure'

06

Launches state-of-the-art submarine 'Son Won-il'

Delivers the last Moss-type LNG carrier

Achieves 1 million tons of land-based construction

05

Completes medium engine annual production facility for 800 units

Selected as a meritorious company for overseas construction

03

Completes the Ulsan Yongyeon shipbuilding block factory

Korea's first solar-powered electric vehicle trial operation

Choi Gil-sun inaugurated as President (13th)

02

Korea's first export of solar power equipment

01

Establishes a workplace childcare center

2005

12

Wins 3rd Korea Management Awards (Corporate Award and CEO Award)

Large engine monthly production sets world record (890,000 horsepower)

Floating Production Storage and Offloading (FPSO) selected as 'World-class Product'

11

Receives '$7 billion Export Tower' on Trade Day

Completes Pohang shipbuilding block factory

Produces 4,000 medium engines

Selected for 'World Superior Ships' for 23 consecutive years

10

Korea's first cumulative industrial robot production exceeds 10,000 units

09

Wins the 'Grand Prize' at the 4th Korea Top Company Awards

08

Achieves the world's shortest time (20 years) for the production of 2,000 marine propellers

07

Wins $1.3 billion FPSO order from France's TOTAL

Plant Division wins the first nuclear power plant design order for a private company

Pipeline welding system wins 'IR52 Jang Young-sil Award'

Medium engines achieve 7 million horsepower

06

Proclamation ceremony for Hyundai Heavy Industries Labor Union declaration, philosophy, and charter

05

Achieves world's first cumulative large engine production of 50 million horsepower

03

Industry's first logistics management using the TRS system

02

Develops Korea's highest voltage 6.6kV inverter

01

Wins the most significant order for industrial robots

Wins order for 10,000 TEU ultra container ship

2004

12

Develops the third HiMSEN engine model

Selected for 'World Superior Ships' for 22 consecutive years

11

Manufactures the world's largest electronically controlled engine

Pohang factory groundbreaking ceremony

10

World's first launch of land-built ship (Russia's Novoship 105,000-ton crude oil carrier)

Wins 'Korea's Top Company' Grand Prize

Completes the first solar power generation system

09

Delivers Korea's largest next-generation destroyer 'Munmu the Great'

08

Selected as builder for Aegis destroyer (KDX-III)

05

Marine synchronous generator and 4-stroke medium engine selected as 'World-class Products'

04

Manufactures the world's largest propeller (106.3 tons, 9.1m diameter, 29m circumference)

Manufactures Korea's first submarine propeller

Completes 10,000 pyeong integrated logistics center

03

Launches 'Hyundai Heavy Industries Love Volunteer Group'

Vice Chairman Min Gye-sik and President Yu Gwan-hong (12th) inaugurated

Hyundai Mipo Shipyard achieves construction of 100 newbuild ships

01

Crankshaft selected as 'World-class Product'

2003

12

Selected for 'World Superior Ships' for 21 consecutive years

Exceeds annual production record of 1,000 robots

11

Industrial Technology Research Institute celebrates 20th anniversary

Receives '$5 billion Export Tower' on Trade Day

10

Completes state-of-the-art Health Promotion Center (total floor area approximately 380 pyeong)

09

Selected as 'World Class Company' at the 2nd Korea Top Company Awards

Completes submarine dedicated factory

08

Wins order for the world's largest 260MW diesel power plant from Malaysia

07

Achieves the world's shortest time (24 years) for 40 million horsepower engine production

06

Develops the world's first text automatic marking system

05

Develops the world's first plasma automatic welding equipment

03

Names the world's largest LPG carrier (CMM's 82,000㎥ class)

02

Exceeds 1,500 propeller production

01

Selected as one of Korea's top 10 new technologies in 2002 (ultra-large land assembly method using barges)

Samho Heavy Industries renamed to "Hyundai Samho Heavy Industries"

2002

12

Builds 'World Superior Ships' for 20 consecutive years

11

Selected as the operating institution for the outsourcing partner training consortium

10

Land assembly of Floating Production Unit (FPU) - World's most prominent land lifting (Nakika, 12,000 M/T) enters Guinness Book of Records

HiMSEN engine receives product type approval from the International Association of Classification Societies

09

Selected as the outstanding company for skills promotion by the Ministry of Labor

08

Successfully builds a 340,000-ton crude oil storage facility (FSO) on land

Delivers the first overseas-ordered LNG carrier to Nigeria

07

Ranked 1st in corporate image in the heavy industry and shipbuilding sector for two consecutive years

06

Launches passenger-cargo combination vessel RO-PAX

05

Acquires Samho Heavy Industries

Opens Hyundai Sports Club

04

Builds Korea's largest 5,000-ton patrol vessel 'Sambong'

Marine large engine and LNG carrier selected as 'World-class Products'

03

Plant Division wins the Nigeria crude oil terminal construction

Engine production exceeds 40 million horsepower

Announces long-term development strategy

Delivers 1,000 ships (113,000-ton crude oil carrier for US OSG)

02

Separates from Hyundai Group, reborn as Hyundai Heavy Industries Group

2001

12

Ultra-large twin-shaft oil tanker selected as 'World Superior Ship'

Bulk carrier, container ship, and tanker selected as 'World-class Products'

11

HiMSEN engine receives New Technology (NT) and Excellent Quality (EM) certification

10

Delivers world's largest container ship (7,200 TEU) to Germany's Hapag-Lloyd

First export of a container crane to the Middle East (Saudi Arabia)

09

Selected as Korea's best workplace by Hewitt Associates

All participants win medals at the 36th Seoul International Skills Olympics (5 gold, 1 bronze)

Establishes Health Promotion Room

08

Selected as the Ministry of Labor's best workplace for safety and health

07

Selected as the best company in the heavy industry and shipbuilding sector image by the Korea Management Association Consulting

Opens Bangeojin Sports Park (approximately 12,600 pyeong scale)

Completes Hyundai Art Park

Wins turnkey order for world's largest FPSO (343,000 tons) from US ExxonMobil

Obtains OHSAS 18001 (Occupational Health and Safety Management System) certification

05

Produces the world's largest engine (93,360 horsepower, 12K98MC)

04

Establishes an IR site for investors

Exceeds 30 million horsepower engine production in the world's shortest time (Engine No. 1361)

Medium engine production exceeds 2,000 units

Obtains company-wide integrated quality management system (ISO 9001) certification

03

Selected as Korea's first gas field development company (East Sea-1 gas field facility construction)

Choi Gil-sun and Min Gye-sik inaugurated as Presidents (11th)

02

Completes world's largest deep-sea FPSO (343,000 tons) ordered from France's MPG

Industrial Technology Research Institute receives international authorized testing institution certification (ISO/IEC 17025, ISO/IEC 9001)

Wins Korea's first order for an explosion-proof automated warehouse

Receives first LPG carrier order from Japan (MOL, 35,000㎥)

01

Changes division names (Engine → Engine & Machinery, Heavy Electric → Electrical & Electronic Systems, Heavy Equipment → Construction Equipment)

First split construction of an ultra-large crude oil carrier (ULCC)

2000

12

Industrial robot production exceeds 5,000 units

11

Finally selected as domestic prime contractor for next-generation submarine project

10

Establishes Techno Design Institute

09

Completes Engine Plant 2 with a production capacity of 120,000 horsepower

6-axis articulated robot selected as Korean Millennium Product

08

Develops Korea's first diesel engine independent model (HiMSEN engine, HYUNDAI-HiMSEN)

06

Localizes a standard wide-area SCADA system

Completes Korea's first denitrification facility (South Jeju Thermal Power)

Develops Korea's first 765kV ultra-high voltage transformer

Manufactures the world's largest eco-friendly diesel engine(89,000 horsepower, HYUNDAI SULZER RTA96C)

05

Establishes a global technology development network

03

Shipbuilding Division enters the Italian market

Completes Ulsan Science College East Campus (Phase 1)

Heavy equipment production exceeds 50,000 units

Introduces a system for management transparency with shareholder respect

Develops world's first next-generation eco-friendly advanced intelligent engine (6RT-FLEX 58TB)

02

Declares 'Quality-Centered Management' for customer satisfaction

1990 - 1999

Innovation and Global Leap: HD Korea Shipbuilding & Offshore Engineering's Growth Story

The company achieved new advances while accelerating technological innovation and pioneering the global market.
It strengthened competitiveness at the forefront of the shipbuilding and offshore industries by building Korea's first LNG carrier, securing orders for ultra-large offshore plants, and obtaining ISO certification for its quality management system. The company led the joint growth of industry and local communities by developing environmentally friendly technologies and investing in sports, culture, and the medical fields.

19

1999

12

Receives '$3 billion Export Tower' on Trade Day

Selected as one of the top 30 outstanding companies for informatization by the Ministry of Information and Communication

First graduating class (136 students) from Hyundai Technical College

11

Signs a technical cooperation with Russia's Krylov Research Institute

LNG carrier selected as Korean Millennium Product

Opens new building of Ulsan University Hospital (B2-8F, 4,196 pyeong scale)

Hyundai Mipo Shipyard wins '99 Management Innovation Award'

Hyundai Mipo Shipyard selected as the world's best ship repair company by Lloyd's List

10

Begins operation of newly constructed large assembly processing plant

Completes Taean Thermal Power desulfurization facilities Units 1-4

Obtains Y2K comprehensive certification

Begins consignment management of Samho Heavy Industries

08

Wins first overseas order for LNG carriers (Nigeria BGT, two 138,000㎥ vessels)

Listed on the Stock Exchange

Announces long-term development strategy (Vision 2010)

07

Wins North Sea region's first offshore turnkey project from Germany's Veba Oil

Begins construction of Latin America's first military support ship (Venezuela, 10,000 tons)

06

Large propeller production exceeds 1,000 units

World's first land assembly of ultra-large oil drilling ship (US R&B Falcon)

05

Successfully tests Korea's first environmentally friendly diesel engine (HYUNDAI-MAN B&W 6S60MC Mk6)

04

Completes the Vietnam local subsidiary "Hyundai-Vinashin Shipyard"

Obtains Korea's first quality management system (ISO 9001) certification for the special ship naval sector and membrane-type LNG carriers

03

Completes the world's largest diesel power plant ordered from India's GMR

02

World's first twin-shaft construction of a 150,000-ton oil tanker (Norway's FOLT)

Opens Hyundai Technical College

01

Kim Hyung-byuk inaugurated as Chairman, Cho Chung-hwi as President (10th)

1998

11

Develops high-speed stacker crane for automated warehouses

Receives Silver Tower Order of Industrial Service Merit at Quality Management Convention

10

Hyundai Art Center wins Korea Architectural Culture Award

09

Korea's first gas turbine export (US Siemens-Westinghouse, 120MW class)

08

The 100th class of technical trainees enters

07

Opens Gangdong Soccer Field

Launches integrated purchasing information system utilizing the internet and VAN

First shipbuilding industry entry into the Taiwan market (Yang Ming, order for three container ships)

06

Opens Hyundai Art Center (B3-5F, total floor area 10,000 pyeong)

Achieves production of 1,000 crankshafts

Develops a remote monitoring and control system for multiple emergency uninterruptible power supply (UPS) systems

05

Completes Korea's first private power plant (Daesan Combined Cycle Power Plant, 510MW)

Launches Korea's first patrol and rescue vessel 'Pacific 2'

First entry into the US chemical equipment market (Solutia)

Develops an integrated ship performance design system, 'Hi-Speed'

02

First overseas order for desulfurization equipment (India's HPCL)

01

Kim Hyung-byuk inaugurated as President (9th)

Acquires Ulsan Hyundai Tigers Soccer Club

Achieves production of 5,000 marine generators

1997

12

Large engine production exceeds 20 million horsepower

First entry into the African diesel power generation market (Mauritius, 30MW)

11

Wins the Presidential Award for the Korean Quality Award at the Quality Management Convention

Wins order for ultra-large semi-submersible oil drilling ship (US R&B, 23,000 tons)

Automatic fillet welding technology receives Korean New Technology (KT) certification

08

First private company to win turbine generator order (Taean Thermal Power Units 5, 6)

Medium engine production reaches 1,000 units

07

Wins four gold medals at the International Skills Olympics

Develops the world's first ultra-large twin-shaft oil tanker

06

Builds a zero-defect ship (Hanjin Shipping, 13,500 tons)

05

Hyundai Mipo Shipyard completes newbuilding hull shop and painting shop

03

Completes special ship large assembly factory (approximately 1,000 pyeong)

Expands Ulsan University Hospital

Ship construction exceeds 50 million tons

Simultaneously obtains domestic and international environmental management system (ISO 14001) certification

01

Completes Seoul Sanggye-dong resource recovery facility

1996

12

Establishes the company homepage

11

Groundbreaking for the Vietnam joint venture shipyard

Receives Gold Tower Order of Industrial Service Merit at Quality Management Convention

10

Completes Vietnam joint venture steel tower factory

09

Builds Korea's first mine-laying ship 'Wonsan'

08

Completes new men's and women's dormitories (Jeonha Hall, West Hall)

First entry into the power sector environmental business (Hadong and Taean Thermal Power desulfurization facilities)

07

Develops a high-speed hydrofoil catamaran passenger ship

Develops a 28-electrode automatic fillet welding device

06

Full operation of Shipbuilding Yard 2

05

Delivers the world's largest container ship to Hyundai Merchant Marine (5,551 TEU)

03

Names the world's largest car carrier (Hyundai Merchant Marine, 6,000 vehicle capacity)

Wins order for 300,000-ton Floating Production Storage and Offloading (FPSO) from Brazil's BrasOil

Opens Korea's first all-season green grass soccer field (West Field)

Industrial robot production exceeds 3,000 units

01

Completes steel tower factory dedicated to 765kV

1995

12

Obtains quality management system (ISO 9001) certification for the civil engineering and construction fields

11

Partial operation of Shipbuilding Yard 2 (total 160,000 pyeong)

Wins the Presidential Award for Factory Innovation at the Quality Management Convention

Marine distributed control system, 190kV auxiliary power supply for railway vehicles using DSP, and a significant absorption refrigerator/heater's flexible combustion low-NOx burner receive Korean New Technology (KT) certification

10

Hyundai Mipo Shipyard achieves a total of 6,000 ships repaired

08

Long-distance high-speed hydrofoil catamaran passenger ship begins Ulsan-Busan service

Localizes turbine blades for turbochargers, a core component of large marine engines

07

Wins first overseas order for warship from Bangladesh (600 tons)

Completes world's largest jack-up platform ordered from UK's BP (25,000 tons)

First domestic production of an LNG carrier steam turbine

06

Completes the Israel Dead Sea diesel power plant (60MW)

05

Obtains US patent for LNG carrier 3D curved surface automatic welding device

03

Begins construction of Korea's largest cogeneration power facility (Daejeon 3rd, 4th Industrial Complex District Heating)

Delivers Korea's first ship to China (Sinotrans, 2,200 TEU container ship)

02

Completes Korea's largest training center (total floor area 2,862 pyeong)

01

Completes the world's largest piping factory (6,810 pyeong scale)

1994

12

Develops an unmanned automation robot for engines

11

Chinese Premier Li Peng visits

Wins a steel structure order for Yeongjong New Airport connecting bridge (24,000-ton scale)

08

First entry into African offshore gas plant construction (US MOBIL's Nigeria NNPC, 6,500 tons)

06

Names and launches Korea's first built LNG carrier (125,000㎥)

05

Medium engine production exceeds 500,000 horsepower

03

Achieves the 500th propeller

1993

12

Merges "Hyundai Heavy Electric" and "Hyundai Heavy Equipment Industry" into Electrical & Electronic Systems and Construction Equipment Business Divisions

Launches integrated plant design-production system

09

Absorbs and merges "Hyundai Steel Tower Industry" and "Hyundai Robot Industry"

Develops proprietary model of CNC 5-face machining center

08

All 5 participants win gold medals at the International Skills Olympics

Kim Jung-guk inaugurated as President (8th)

06

Independently develops small and medium-sized incineration equipment

Begins manufacturing the world's largest 5,000-ton floating crane

First environmental equipment industry entry into the Chinese market

04

Wins an order for the world's most extensive jack-up platform construction (UK's BP)

02

Launches Korea's first LNG carrier

Enters Guinness Book of Records for 'world's largest annual ship construction volume', 'largest cargo ship construction', and 'most visitors'

1992

12

Engine Division obtains quality management system (ISO 9001) certification

11

Wins the Presidential Award for Value Innovation at the Quality Management Convention

Engine production reaches 10 million horsepower

Receives '$2 billion Export Tower'

Plant Division obtains quality management system (ISO 9001) certification

10

Operates an in-house comprehensive information network (LAN)

Delivers Korea's largest LPG carrier to Singapore tanker Pacific

Selected as one of Fortune magazine's top 100 global companies in the transportation equipment sector

09

Launches Korea's first long-distance high-speed catamaran passenger ship

07

Names the world's largest container ship (Hyundai Merchant Marine 4,400 TEU)

06

Cumulative visitors exceed 10 million

05

Offshore Business Division obtains Japanese ironworks factory certification

04

Shipbuilding Division obtains quality management system (ISO 9001) certification

03

Wins order for Korea's largest capacity fluidized bed combustion boiler

Publishes company history (Hyundai Heavy Industries 20 Years)

Offshore Division obtains quality management system (ISO 9001) certification

1991

12

Achieves production of the 500th marine engine

11

Wins Korea's first order for nuclear power plant tanks

Opens Hanmaeum Hall

Receives Steel Tower Order of Industrial Service Merit at Quality Management Convention

09

Ship delivery exceeds 30 million tons

Completes LNG carrier construction factory and begins LNG carrier construction

07

Selected as an outstanding company for productivity improvement by the Ministry of Commerce and Industry

Obtains American Society of Mechanical Engineers (ASME) nuclear construction qualification (design, manufacturing, installation)

05

Begins construction of high-speed catamaran passenger ship (300 passengers)

04

Selected as a submarine-specialized company

01

Choi Su-il inaugurated as President (7th)

1990

11

First delivery of a Soviet ship in Korea

10

Wins Gold Tower at the 25th National Skills Competition

08

Government approval and start of production for the medium-speed engine business

06

Manufactures a localized tower crane

05

Completes Korea's largest CNC plano-miller factory

03

Soviet economic cooperation delegation visits

1980 - 1989

Opening the Future with Advanced Technology
and Industrial Diversification

The company expanded its business beyond shipbuilding into various industries, including robotics, offshore oil and gas plants, nuclear power, and construction equipment. Continuing innovations, such as winning orders for the world's largest ore carriers, manufacturing Korea's first nuclear fuel containers, and surpassing 20 million tons in ship construction, have established the company as a global leader in the heavy industry, representing South Korea.

19

1989

12

Absorbs and merges "Hyundai Engine Industry"

10

Develops a domestically produced tower crane model

Plant Business Division completes 10,000-ton press

09

Construction Equipment Business Division separates and becomes independent as "Hyundai Heavy Equipment Industry"

07

Manufactures Korea's first nuclear fuel container

06

Begins Unity Advancement Rally

04

Wins order for six bulk carriers from Soviet Sovcom (42,000 tons each)

02

Park Jae-myun inaugurated as President (6th)

1988

10

Ship construction exceeds 20 million tons (cumulative 389 ships)

08

Launches in-house newsletter "Hyundai Heavy News"

Develops a reverse osmosis desalination facility

Produces Korea's first double spherical tank

07

Begins domestic sales of construction equipment

Completes the comprehensive construction of Gwangyang Steel Mill Phase 2

The robot and hydraulic sector becomes independent as "Hyundai Robot Industry"

06

Returns to the business division system, reorganizes the structure

02

Completes the hydraulic cylinder factory

1987

12

Establishes Construction Equipment Development Laboratory

11

Chung Mong-joon inaugurated as Chairman, Park Young-wook as President (5th)

10

Completes Korea's largest robot factory (annual production 300 units)

Wins the Gold Tower at the 22nd National Skills Competition

08

The Hyundai Engine produces the 100th marine propeller

07

Wins Productivity Grand Prize

Establishes the labor union, Kwon Oh-sung, inaugurated as the first labor union chairman

05

Completes the comprehensive construction of Gwangyang Steel Mill Phase 1

04

Begins industrial robot production

03

Abolishes the business division system, and reorganizes the structure

02

Steel Production Department's Steel Tower Division separates to become Steel Tower Business Division

01

Selected as the world's No. 1 in the shipbuilding sector by Japan's Diamond magazine

Plant Business Division merges with Machinery Business Division (Transport Machinery, Industrial Machinery)

1986

12

Ship delivery achieves 10 million GT (cumulative 335 ships)

Delivers the world's largest ore carrier

10

Produces Korea's first Meister craftsman (Park Dong-su from the Heat Exchanger Production Department)

08

The Hyundai Engine Industry conducts the trial operation of the first domestically produced press

05

Wins Korea's first passenger-container carrier order from Norway's Ivarans

Full-scale promotion of office automation

03

Begins production of articulated welding robot

02

Manufactures Korea's first spent nuclear fuel transport container

1985

07

Wins order for world's largest offshore steel structure, US Exxon jacket (2 units, 90,990 tons)

06

Merges "Hyundai Ocean Development" into Hyundai Heavy Industries

Hyundai Engine Industry completes marine propeller factory

Enters the robotics industry

01

Selected as the world's No. 1 shipbuilding company based on production volume by Japan's Diamond magazine

Korea's first hydrofoil express passenger ship 'Angel 9' begins service

First in the world to obtain American Bureau of Shipping hull sector quality certification

1984

12

Wins order for world's largest ore carrier, 365,000 tons, from Norway's Bergesen

10

Opening ceremony for Hyundai Ship and Ocean Research Institute

05

The Offshore Steel Structure Division becomes an independent corporation as Hyundai Ocean Development Co., Ltd.

04

Completes the crankshaft factory

03

Receives Silver Tower Order of Industrial Service Merit on Taxation Day

Ranked No. 1 in submarine construction capability in Korea (Navy evaluation, France's Alstom)

10 million ton (DWT) delivery and memorial tower unveiling

02

Completes first phase of Ship and Ocean Research Institute

Delivers the world's largest Ro-Ro ship

01

Steel Structure Division reorganized as Offshore Steel Structure Business Division

1983

12

'Nellbana' ordered from US Marine Engineering Log selected as Korea's first World's Best Ship

World's first acquisition of Norwegian DNV outfitting sector quality assurance certificate

11

Completes Hyundai Welding Technology Research Institute

Receives '$1 billion Export Tower' on Trade Day

08

Wins three gold medals at the 27th International Skills Olympics

07

Engine production reaches 1 million horsepower

03

The Marine Technology Department established as the Special Ship Business Division

1982

12

First overseas turnkey power facility order (Saudi Makkah-Taif thermal power facility)

First graduating class of the in-house engineering college

11

Completes Hyundai Mipo Shipyard’s large-scale repair shipyard

Hyundai Engine Industry receives Steel Tower Order of Industrial Service Merit

10

The company hospital renamed to "Haesung Hospital"

09

Opens Hyundai Foreign School

Integrates Plant Division 3 into Steel Structure Division

08

Separates Petrochemical Business Division from Plant Business Division

Expands affiliated hospital to general hospital

Hyundai Engine Industry registers marine propeller business

07

Wins first and second phase orders from India's Oil and Natural Gas Corporation (ONGC)

05

Hyundai Engine Industry produces its first pump

Lee Chun-lim inaugurated as the first Chairman, Chung Mong-joon as President (4th)

Obtains American Institute of Steel Construction (AISC) quality assurance certificate

04

Hyundai Heavy Industries Comprehensive Research Institute registered as a corporate research institute by the Ministry of Science and Technology

02

Launches an oil drilling ship ordered from the US, Sedco

1981

10

First domestic production of a nuclear steam generator for nuclear power generation

07

Localizes pollution prevention dust collection equipment

01

Steel Tower Business Division separates from Steel Structure Business Division

1980

12

Forms Junior Board

Delivers the first 2,000-ton Korean-type destroyer

10

Wins orders for two oil drilling ships from US Sedco

07

Integrates Steel Structure Division, Steel Tower Division, and Offshore Structure, upgraded to Steel Structure Business Division

Wins order for world's largest Saudi Al-Khobar desalination facility

First Hyundai standard ship begins service

06

Introduces a suggestion system

05

Builds and delivers Korea's first car carrier

04

Launches the first Korean-type destroyer

Nuclear Power Business Division separates and launches

03

First in Korea to obtain ASME STAMP

01

Selected as the world's 10th in the shipbuilding sector by Japan's Diamond magazine

1970 - 1979

A Decade of Challenge and Pioneering Toward Shipbuilding Power

The company laid the foundation for Korea's shipbuilding industry by constructing shipyards on barren land.
From building ultra-large crude oil carriers to completing the world's largest ship engine factory and securing major overseas projects,
it has risen to become a global leader in heavy industry through technological prowess and a pioneering spirit.

19

1979

09

Wins a gold medal in steel structure at the 25th International Skills Olympics

06

Wins order for Saudi Jubail seawater desalination facility

Trial operation of the first Hyundai engine

02

Builds Korea's first container ship (Hanjin Shipping, 26,000 tons)

01

Completes Mipo Shipyard's 150,000-ton repair-dedicated dock

1978

12

Completes Dock 6

11

The Engine Business Division and the Heavy Electric Business Division become independent as Hyundai Engine Co., Ltd. and Hyundai Heavy Electric Co., Ltd.

Receives '$700 million Export Tower' on Trade Day

Completes the world's largest ship engine factory

10

Lee Chun-lim inaugurated as President (3rd)

D450:D476The Locomotive Business Division becomes independent as Hyundai Rolling Stock Co.

09

Wins a gold medal in steel structure at the 24th International Skills Olympics

05

Completes the training center

04

Technical cooperation with US Westinghouse for nuclear steam technology

03

Opens Hyundai Middle School and Hyundai Technical High School

02

Changes company name to "Hyundai Heavy Industries Co., Ltd."

1977

12

Receives '$600 million Export Tower' on Trade Day

11

Groundbreaking for the engine forging plant

10

Opens Saemaul Training Center (now HRD Center)

Holds first in-house skills competition

07

Establishes Locomotive Business Division

Renames Steel Structure Division to Plant Business Division, obtains overseas construction business license

04

Groundbreaking for the engine casting plant

03

Groundbreaking for the engine factory

Completes Docks 4 and 5

02

Establishes Heavy Electric Business Division (predecessor to Electrical & Electronic Systems Business Division)

01

Completes Saemaul Hall (gymnasium) (1,600 pyeong)

1976

11

Receives '$300 million Export Tower' on Trade Day

Begins design of Korean-type destroyer

10

Wins the Prime Minister's Award for Quality Management at the Quality Management Convention

09

Technical cooperation with Denmark's B&W for marine engines

08

Kim Young-ju inaugurated as President (2nd)

07

Signs a contract for the Saudi Jubail industrial port construction

Establishes Engine Business Division

Approval for the establishment of the Hyundai Academy educational foundation (Chairman Chung Ju-yung as director)

02

Obtains government approval for the engine business

01

Delivers a 230,000-ton oil tanker to Japan Line

1975

11

Chairman Chung Ju-yung receives the Presidential Flag for export merit at the 12th Export Day

10

Opens Haesung Hospital, affiliated with Hyundai Shipyard

Wins order for 11 Ro-Ro container ships from Sweden's Stena Line

07

Hyundai Mipo Shipyard begins operations

Technical cooperation with Switzerland's Sulzer for the marine engine business

05

Completes Dock 3

04

Establishes Hyundai Mipo Shipyard Co., Ltd.

03

Groundbreaking for Docks 4 and 5

01

Establishes Steel Structure Division (predecessor to Plant Business Division)

1974

11

Wins order for 10+5 23,000-ton multipurpose carriers from Kuwait UASC

Delivers the first ship

Receives '$100 million Export Tower'

10

Establishes the Labor-Management Council

06

Launches company magazine 'Hyundai Shipbuilding'

Completes first phase of shipyard construction (Docks 1 and 2 completed)

Names first and second ships 'Atlantic Baron' and 'Atlantic Baroness'

02

Launches first ship

1973

12

Establishes Hyundai Shipbuilding & Heavy Industries Co., Ltd. (CEO Chung Ju-yung)

09

Operates the first Goliath crane

04

Begins construction of the first ship

03

Completes the hull shop

Shipbuilding commencement ceremony

First class of trainees graduates

1972

10

Denmark's Kurt J.W. Schou inaugurated as the first President

09

Opens a training institute

03

Groundbreaking ceremony for shipyard construction

02

Signs contract with Greece's Livanos to build two 260,000-ton ultra-large crude oil carriers

1971

12

Government approval for the Hyundai Ulsan Shipyard business plan

09

Signs technical and sales cooperation contracts with the UK's A&P Appledore and Scott Lithgow shipyards

07

Completes the shipbuilding business plan

04

Begins site development project

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