Our Heritage
HERITAGE
The History of HD Korea Shipbuilding & Offshore Engineering Fillied with Endless Journeys of Challenge and Growth
HD Korea Shipbuilding & Offshore Engineering began its shipbuilding business with a spirit of innovation and pioneer in 1972,
and has evolved 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
Securing Ultra-Gap Competitiveness
and Heading Toward a New Future
Based on industry-first technologies and achievements, we are strengthening our competitiveness in the global market and pioneering new possibilities.
We lead innovation in the shipbuilding, offshore, and plant industries through eco-friendly ship technology, smart ship solutions,
and next-generation energy system development.
20
2024
12
HD Hyundai Heavy Industries delivers cutting-edge frigate ‘Chungnam’ ahead of schedule
11
HD Hyundai Heavy Industries delivers world-class Aegis destroyer ‘Jeongjo the Great’
10
HD Hyundai Heavy Industries develops eco-friendly ammonia dual-fuel engine
08
HD Hydrogen acquires fuel cell specialist company ‘Convion’
07
HD Hyundai Samho builds second dolphin berth
HD Hyundai Heavy Industries obtains qualification for US naval vessel MRO business participation (MSRA, Master Ship Repair Agreement)
Launch of ‘Naval Ship Research Institute’
Acquires STX Heavy Industries (HD Hyundai Marine Engine)
04
Appoints Executive Vice President Seong-jun Kim as CEO
01
HD Hyundai Heavy Industries builds world’s first methanol-powered ultra-large container ship
2023
12
Completes Future of Shipyard (FOS), Phase 1 (Visible Shipyard)
09
HD Hyundai Mipo builds world’s first methanol-powered container ship
05
HD Korea Shipbuilding & Offshore Engineering declares ‘Carbon Neutrality,’ a first in the domestic shipbuilding industry
03
HD Hyundai Heavy Industries achieves 200 million horsepower in large engines
2022
12
HD Hyundai changes its name and launches new CI
07
Launches SD Business Division (Gas Eco-friendly and Fuel Efficiency Improvement System)
04
Establishes European R&D Center in Düsseldorf, Germany
2021
10
Appoints President Chung Kisun as CEO
09
Hyundai Heavy Industries goes public
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
Appoints President Ka Sam-hyun 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 established 1% Nanum Foundation
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 dry docks
2010 - 2019
Trials of the Shipbuilding Industry and Business Expansion
Despite recession in the global shipbuilding industry,
we strengthened our competitiveness through innovation in sustainable technologies,
including LNG fuel propulsion ships, smart ship technology, next-generation power generation solutions,
while pioneering new markets and restructuring our businesses.
20
2019
11
Hyundai Heavy Industries launches second 2,600-ton Philippine frigate
Inaugurates Kwon Oh-gap as Chairman of Hyundai Heavy Industries Group
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"
Appoints Vice Chairman Kwon Oh-gap as CEO
05
Renames Hyundai Heavy Industries Green Energy to "Hyundai Energy Solutions"
04
Signs main contract for the acquisition of Daewoo Shipbuilding & Marine Engineering
03
Naval & Special Ship Business Unit (NSSBU) signs 'Next-generation Naval Platform Joint Research Agreement' with Korean Register
Appoints Ka Sam-hyun and Han Young-seok as Presidents (19th)
02
Hyundai-Vinashin Shipyard (HVS) achieves construction of 100 ships
2018
12
Hyundai Heavy Industries opens Integrated Safety Training Center
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'
Appoints Ka Sam-hyun as President (18th)
10
Naval & Special Ship Division upgraded to the Naval & Special Ship Business Unit (NSSBU)
Shipbuilding Division delivers world's first ice-breaking LNG-FSRU 'Marshal Vasilevskiy'
09
Naval & 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
Fully operates Welding Monitoring System (WeDAS) 2.0
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 proprietary 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 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 departs 'Aasta Hansteen topside facility'
07
Opens industry's largest virtual simulation center (HILS, Hardware-In-the-Loop Simulation)
06
Completes industry's first comprehensive LNG ship demonstration facility
Naval & Special Ship Division delivers next-generation mine-laying ship 'Nampo'
Offshore Division Completes '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 departs 'Aasta Hansteen cylindrical substructure'
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 starts 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
Launches Hyundai Global Service Co., Ltd.
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 departs Badamyar gas compression platform (LCP)
Inaugurates Vice Chairman Kwon Oh-gap and President Kang Hwan-goo (17th)
10
Delivers 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
Applies 'high fire-resistant insulation material' on LPG carriers for the first time in the world
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 121m distillation tower
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
Naval & Special Ship Division delivers 'Yi Chung-ho,' Korea's largest 5,000-ton patrol ship
03
Exceeds production of 10,000 HiMSEN engine 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
Marine Engines & Machinery Business Division's Industrial Machinery sector launches as an independent company, Hyundai Heavy Industries Turbo Machinery
01
Hyundai Heavy Industries' labor and management donates 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
Marine Engines & 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
Delivers 2,000 ships for the first time in the world
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
Naval & 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
Appoints Chairman Choi Gil-sun and President Kwon Oh-gap as representative directors
09
Inaugurates Kwon Oh-gap as new President (16th)
Develops industry's first automatic painting equipment for ship block bottoms
08
Inaugurates Choi Gil-sun as Chairman
Publishes first 'Sustainability Report'
Green Energy designated as a US UL solar module authorized testing laboratory
Shipbuilding Division builds a Moss-type LNG carrier in 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
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
Produces 8,000 units of proprietary 'HiMSEN engine'
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 as '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 departs 'OFON2 Platform'
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 shared growth index evaluation for large corporations
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
Marine Engines & Machinery Division develops a small welding robot for shipbuilding
Marine Engines & 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
Marine Engines & Machinery Division completes HiMSEN engine durability test facility
Offshore Division wins $2 billion offshore equipment order
03
Marine Engines & Machinery Division develops a 30,600 horsepower HiMSEN engine
FPSO low-vibration and low-noise technology receives the highest grade
Marine Engines & Machinery Division manufactures high-efficiency, eco-friendly G-type engines
Opens in-house university 'Hyundai Heavy Industries Engineering College'
02
Establishes 'Green Factory' with solar power facilities
Wins order for 40MW wind turbine (Yeongam Wind Power Plant)
01
Marine Engines & Machinery Division produces 7,000 units of proprietary 'HiMSEN engine'
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)
Holds 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
Marine Engines & Machinery Division exceeds 1,000 Portable Power Station (PPS) units
Ranks 1st among Korean companies in Mecenat (cultural arts support)
06
Export the first domestically developed artificial joint surgery robot to the US
Marine Engines & 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
Opens 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
Produces a total of 4,000 large marine engines units
Develops an integrated security solution, 'Smart Security'
01
Develops the proprietary 'LNG-FPSO' model for the first time in the world
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 departs Bongkot gas pressurization and purification facility
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)
Marine Engines & 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
Inaugurates Lee Jae-sung 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
Marine Engines & 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'
Produces a total of 100 million engine horsepower for the first time in the world
08
Diversifies business and establisthes 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 Marine Engines & 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
Marine Engines & 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
Launch and Rise of the Hyundai Heavy Industries Group
After separating from the Hyundai Group, we launched anew as the Hyundai Heavy Industries Group. Since rising to world No. 1 in the shipbuilding sector in 1983, we have maintained this top position, while all business divisions, including offshore plants, power equipment, and construction equipment, have achieved meaningful growth.
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
Inaugurates Min Gye-sik 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 protection relay wins 'IR52 Jang Young-sil Award'
Begins construction of Taebaek Wind Farm
Wins the Presidential Award at the 'Korea Logistics Awards'
10
Marine Engines & Machinery Division wins orders for 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 construction of Gunsan Shipyard 1.3 million-ton dock
Wins $120 million order for diesel submarine core components from Germany's HDW
07
Marine Engines & 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
Delivers 102 ships in a single year being the largest number in the world
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
Marine Engines & 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
Marine Engines & 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 a new serial robot motion control technology named NET
Engine Division wins Korea's first order for crude oil stockpile base pump
Develops world's first remote control valve
Completes new HQ main building
Signs agreement for an 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
Successfully operates Korea Superconducting Tokamak Advanced Research (KSTAR) 'artificial sun' for the first time
Develops ship operation simulator
06
Names $1.5 billion-worth ultra-large Akpo FPSO
Launches Korea's largest 1,800-ton submarine (KSS-II) 'Ahn Jung-geun'
Develops world's first ship thruster wing for fuel saving
05
Opening ceremony for Haenam 1.2MW solar power plant
Selected as top company in '2008 Respected Companies'
Holds 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 ship noise source control technology
Establishes solar module and solar cell production line (annual value of 100 billion KRW)
Selected as Wall Street Journal's 'Most Respected Company' and 'Innovative Company'
03
Achieves monthly world record for most ship orders ($5 billion)
Establishes polysilicon joint venture with KCC
Holds 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 reaches 10 million hours of being accident-free
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 reaching $20 billion
Receives '$10 billion Export Tower'
Develops Korea's first proprietary HiMSEN gas engine model
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
Holds 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
Ministry of Science and Technology certifies crude oil loading pump as new technology
07
Successfully completes world's first land-based construction of ultra-large LPG carrier
06
Manufactures the world's largest electronically controlled 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 employees participate in the organ donation movement
Launches Korea's first 7,000-ton Aegis destroyer (KDX-III) '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 Space Launch Vehicle (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
Builds world's first LPG carrier on land (82,000㎥)
Signs blood donation pledge
09
Wins the 'World Class' award as Korea's top company for four consecutive years
Agrees on technical exchange between the Industrial Technology Research Institute and the US Naval Research Laboratory
08
Departs Korea's first overseas oil field development equipment (Vietnam Long Doi)
Enters 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 production facility (annual capacity of 800 units)
Selected as a meritorious company for overseas construction
03
Completes Ulsan Yongyeon shipbuilding block factory
Operates trial of Korea's first solar-powered electric vehicle
Inaugurates Choi Gil-sun as President (13th)
02
Exports Korea's first solar power equipment
01
Establishes workplace childcare center
2005
12
Wins 3rd Korea Management Awards (Corporate Award and CEO Award)
Sets world record of large engine monthly production (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 world record of producing of 2,000 marine propellers (20 years)
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'
Achieves 7 million horsepower for medium engines
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
Manages industry's first logistics with 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
Holds groundbreaking ceremony for the Pohang factory
10
Launches the world's first 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 33,057m² logistics center
03
Launches 'Hyundai Heavy Industries Love Volunteer Group'
Inaugurates Vice Chairman Min Gye-sik and President Yu Gwan-hong (12th)
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 1,256m²)
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
Assembles Floating Production Unit (FPU) on land - 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 construction for the Nigeria crude oil terminal
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
Exports first container crane to the Middle East (Saudi Arabia)
09
Selected as Korea's best workplace by Hewitt Associates
All participants at the 36th Seoul International Skills Olympics win medals (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)
Exceeds production of 2,000 medium engine units
Obtains integrated quality management system (ISO 9001) certification company-wide
03
Selected as Korea's first gas field development company (East Sea-1 gas field facility construction)
Inaugurates Choi Gil-sun and Min Gye-sik 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 names of business divisions (Engine → Marine Engines & Machinery, Heavy Electric → Electrical & Electronic Systems, Heavy Equipment → Construction Equipment)
First split construction of ultra-large crude oil carrier (ULCC)
2000
12
Exceeds 5,000 units of industrial robot production
11
Selected as the final domestic prime contractor for the 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 exceeds production of 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
Emerging as an Integrated Heavy Industries Company
We achieved a new leap forward by accelerating technological innovation and global market development, including building Korea’s first LNG carrier and securing orders for ultra-large offshore plants. Along with shipbuilding, we focused on machinery and plant businesses, including power equipment and construction equipment, and evolved into one of Korea’s main integrated heavy industries companies.
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 at 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
Exceeds production of 1,000 large propeller units
Assembles world's first on-land 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 construction of "Hyundai-Vinashin Shipyard"
Obtains Korea's first quality management system (ISO 9001) certification for the naval & special ship division and membrane-type LNG carriers
03
Completes the world's largest diesel power plant ordered from India's GMR
02
Constructs world's first 150,000-ton twin-shaft oil tanker (Norway's FOLT)
Opens Hyundai Heavy Industries Technical College
01
Inaugurates Kim Hyung-byuk 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
Exports Korea's first gas turbine (US Siemens-Westinghouse, 120MW class)
08
The 100th class of technical trainees enters Technology Education Center
07
Opens Gangdong Soccer Field
Launches integrated purchasing information system utilizing the internet and VAN
First entry into the Taiwan shipbuilding market (Yang Ming, order for three container ships)
06
Opens Hyundai Art Center (B3-5F, total floor area 33,057m²)
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 integrated ship performance design system, 'Hi-Speed'
02
First overseas order for desulfurization equipment (India's HPCL)
01
Inaugutares Kim Hyung-byuk 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
Becomes the first private company to win turbine generator order (Taean Thermal Power Units 5, 6)
Reaches production of 1,000 medium engine 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 plant and painting plant
03
Completes assemply factory for naval & special ships (approximately 33,057m²)
Expands Ulsan University Hospital
Exceeds shipbuilding of 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
Holds goundbreaking ceremony for the Vietnam joint venture shipyard
Receives Gold Tower Order of Industrial Service Merit at Quality Management Convention
10
Completes steel tower factory for the Vietnam joint venture
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
Fully operates 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)
Exceeds production of 3,000 industrial robot 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
Partially operates Shipbuilding Yard 2 (total 528,925m²)
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 9,460m²)
01
Completes the world's largest piping factory (22,512m²)
1994
12
Develops an unmanned automation robot for engines
11
Visted by Chinese Premier Li Peng
Wins a steel structure order for Yeongjong New Airport connecting bridge (24,000-ton scale)
08
Offshore gas plant department enters African market for the first time (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 production of 500 propeller units
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 at the International Skills Olympics win gold medals
Inaugurates Kim Jung-guk as President (8th)
06
Develops proprietary small and medium-sized incineration equipment
Begins manufacturing the world's largest 5,000-ton floating crane
First in the environmental equipment industry to enter the Chinese market
04
Wins 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 local area 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
Exceeds total 10 million visitors
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 500 marine engine units
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
Exceeds ship delivery of 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
Inaugurates Choi Su-il as President (7th)
1990
11
First delivery of a Soviet ship in Korea
10
Wins Gold Tower at the 25th National Skills Competition
08
Medium-speed engine business gains Government approval and starts production
06
Manufactures a localized tower crane
05
Completes Korea's largest CNC plano-miller factory
03
Visited by Soviet economic cooperation delegation
1980 - 1989
Going Beyond Korea and Leading the Global Shipbuilding Industry
By continuing innovations such as securing orders for the world’s largest ore carriers, producing Korea’s first nuclear fuel containers, and surpassing 20 million tons in ship construction, we have established ourselves as Korea’s leading global shipbuilding company. We have expanded our business areas beyond shipbuilding to various industries, including robotics, offshore plants, nuclear power, and construction equipment.
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
Inaugurates Park Jae-myun 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 construction equipment sales
Completes the comprehensive construction of Gwangyang Steel Mill Phase 2
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 the Construction Equipment Development Laboratory
11
Inaugurates Chung Mong-joon as Chairman, Park Young-wook as President (5th)
10
Completes Korea's largest robot factory (annual production of 300 units)
Wins the Gold Tower at the 22nd National Skills Competition
08
Hyundai Engine produces 100th marine propeller
07
Wins Grand Prize in Productivity
Establishes the labor union, inaugurates Kwon Oh-sung as the first labor union chairman
05
Completes the comprehensive construction of Gwangyang Steel Mill Phase 1
04
Begins production of industrial robots
03
Abolishes the business division system, and reorganizes company 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
Hyundai Engine Industry conducts 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 quality certification by American Bureau of Shipping on hull sector
1984
12
Wins order for world's largest ore carrier, 365,000 tons, from Norway's Bergesen
10
Holds ppening ceremony for Hyundai Ship and Ocean Research Institute
05
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)
Delivers 10 million ton (DWT) ships and unveils memorial tower
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
Acquires quality assurance certificate for outfitting from Norwegian DNV for the first time in the world
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
Marine Technology Department renamed as the Naval & Special Ship Business Division
1982
12
Wins order for first overseas turnkey power facility (Saudi Makkah-Taif thermal power facility)
First class of the in-house engineering college graduates
11
Completes Hyundai Mipo Shipyard’s large-scale repair shipyard
Hyundai Engine Industry receives Steel Tower Order of Industrial Service Merit
10
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 for marine propeller business
07
Wins first and second phase orders from India's Oil and Natural Gas Corporation (ONGC)
05
Hyundai Engine Industry produces first pump
Inaugurates Lee Chun-lim as first Chairman, Chung Mong-joon as President (4th)
Receives quality assurance certificate from American Institute of Steel Construction (AISC)
04
Hyundai Heavy Industries Comprehensive Research Institute registers 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
Produces nuclear steam generator for nuclear power generation for the first time in Korea
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, Steel Tower, Offshore Structure Divisions and upgrades 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 first Korean-type destroyer
Separates and launches Nuclear Power Business Division
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
First Steps Toward Becoming a Shipbuilding Nation
We established the foundation of Korea’s shipbuilding industry by building a shipyard in an underdeveloped area. From constructing ultra-large crude oil carriers to completing the world’s largest ship engine factory and securing large overseas projects, we have leaped to become a global shipbuilding leader through technical excellence and a spirit of challenge.
19
1979
09
Wins 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 150,000-ton repair dock at Mipo Shipyard
1978
12
Completes Dock 6
11
Engine Business Division and the Heavy Electric Business Division goes 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
Inaugurates Lee Chun-lim as President (3rd)
Locomotive Business Division goes independent as Hyundai Rolling Stock Co.
09
Wins a gold medal in steel structure at the 24th International Skills Olympics
05
Completes construction of the training center
04
Signs technical cooperation with US Westinghouse on 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) (5,290 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
Signs technical cooperation with Denmark's B&W on marine engines
08
Inaugurates Kim Young-ju as President (2nd)
07
Signs contract for the Saudi Jubail industrial port construction
Establishes Engine Business Division
Gains approval to establish the Hyundai Academy educational foundation (Chairman Chung Ju-yung as director)
02
Obtains Government approval for the engine business
01
Delivers 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
Signs technical cooperation with Switzerland's Sulzer for 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 construction of the hull plant
Holds shipbuilding commencement ceremony
First class of trainees graduates
1972
10
Inaugurates Denmark's Kurt J.W. Schou -as the first President
09
Opens training institute
03
Holds 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
Gains 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 shipbuilding business plan
04
Begins site development project
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