Hyundai Heavy Ind. Co., Ltd.

Shipyards

Hyundai Heavy Industries Co., Ltd. (HHI) is one of the world's largest shipbuilding companies, based in Ulsan, South Korea. Founded in 1972 by the Hyundai Group, HHI has grown into a global leader in various industries, including shipbuilding, offshore engineering, industrial plants, and engine machinery.

Key Business Areas:

Shipbuilding: HHI is renowned for its shipbuilding capabilities. They build a wide range of ships, such as oil tankers, bulk carriers, container ships, and special-purpose vessels like drilling ships and naval ships. Their advanced shipyards have earned a reputation for high-quality construction and timely delivery.
Offshore and Engineering: HHI designs and constructs offshore facilities including fixed platforms, floating units, and subsea pipelines. Their expertise includes both oil and gas exploration, as well as production projects.
Industrial Plant and Engineering: This division focuses on the design and construction of industrial plants in various sectors, including oil and gas, petrochemical, and power generation. Their services extend to engineering, procurement, construction, and project management.
Engine and Machinery: HHI manufactures a wide range of engines and machinery, including marine and stationary diesel engines, power generation equipment, industrial robots, and heavy machinery. They provide engines not only for their own shipbuilding projects but also to external clients worldwide.
Electro Electric Systems: This segment focuses on manufacturing and supplying electric equipment such as transformers, circuit breakers, and power electronics. They aim to contribute to electrical infrastructure development globally.
Green Energy: Recognizing the global shift towards renewable energy, HHI has invested in developing technologies related to solar power and eco-friendly energy solutions.

Achievements and Innovations:

Technology: HHI has been a pioneer in adopting advanced technologies in its operations. This includes digitalization, automation, and smart ship technologies.
Global Reach: The company has a global presence with facilities and offices around the world, ensuring they can meet international demand effectively.
Sustainability: Committed to sustainable practices, HHI has been working on reducing environmental impact through innovation and efficient operational practices.

Current Status:

As of the most recent updates, HHI is part of HD Hyundai, the rebranded entity that includes various Hyundai Group companies. This restructuring aims to streamline operations and enhance competitiveness in the global market.

Challenges:

Like many industrial giants, HHI faces challenges including volatile global markets, environmental regulations, and competition from other major shipbuilders. They continue to innovate and diversify their business to mitigate these challenges.

Conclusion:

Hyundai Heavy Industries Co., Ltd. remains a pivotal player in the shipbuilding and heavy industries sectors. With its extensive range of products and services, HHI continues to impact global trade, energy, and infrastructure development significantly.

Ships

AEGEAN HORIZON

Tanker for Oil | Flag: Greece | Port: PIRAEUS

CMA CGM VIVALDI

Container Ship | Flag: Marshall Islands | Port: MAJURO

BASTOGNE

Liquefied Gas Carrier (LPG) | Flag: Belgium | Port: ANTWERP

ANANGEL OMONIA

Bulk Carrier | Flag: Greece | Port: PIRAEUS

SENNA PRINCESS

Liquefied Gas Carrier (LPG) | Flag: Thailand | Port: BANGKOK

MSC SHAULA

Container Ship | Flag: Panama | Port: PANAMA

Maritime News

Louis Dreyfus Picks Chinese Shipyard to Build Three New SOVs for Vattenfall

17 hours ago

French ship owner Louis Dreyfus Armateurs (LDA) has selected SALT as the naval architect and Shanghai Zhenhua Heavy Industries Company (ZPMC) as the shipyard for the construction of three new service operation vessels (SOVs) ordered by Vattenfall.SALT, an offshore vessel designer and long-time partner of LDA, has been entrusted with the development of the new SOVs.ZPMC has been chosen as the shipyard for the construction of the new SOVs.The new SOVs will integrate high-end European components, including the gangway system, the DP system and key propulsion line systems, ensuring tier I performance and reliability.

Greek Shipyards Revitalized

2 days ago

The rhythmic clang of hammers and the bright flashes of welding torches filled the air at Skaramangas Shipyard near Athens last month, as workers busily repaired the bow of a large tanker. Nearby, other vessels awaited their turn in the dry dock—an unmistakable sign of renewed activity at the once-idle shipyard.Just a year ago, Skaramangas stood empty, a stark reminder of Greece’s prolonged debt crisis from 2009 to 2018. Following decades of inconsistent government ownership and uncertainty, the shipyard had languished. But today, it is experiencing a revival.“Now there is life here again,” said Theodoros Evagelou, a worker sandblasting and painting ships.

Evergreen Places $3.2B Order for 11 LNG Dual-Fuel Container Ships

2 days ago

Taiwanese container shipping firm Evergreen Marine Corporation has ordered 11 new LNG dual-fuel container ships from South Korean and Chinese shipyards, whose combined worth is up to $3.2 billion.On February 12, Evergreen disclosed two orders for 11 container ships, each with a 24,000 TEU capacity.The company placed an order to South Korea’s Hanwha Ocean for six vessels, and to CSSC Guangzhou Shipyard International (GSI) in China for the remaining five vessels.Evergreen will pay between $265 million and $295 million per unit, totaling up to approximately $1.77 billion for six vessels to be built at Hanwha Ocean and around $1.47 billion for five containerships at GSI.

MEGA MACHINES: Manson Prepares to Add “The Bionic Man” of Dredge Vessels

2 days ago

Manson Construction has long been a pillar of the U.S. maritime industry, rooted in a tradition of U.S.-built, U.S.-owned, and U.S.-operated vessels. The company was founded in 1905 by Peter Manson, when he dug up a jar of gold coins [because he didn’t trust the banks] and purchased a winch, a winch that was then put on a barge and that became Manson's first pile driver. With barge-mounted pile driver, Manson Construction embarked on its journey into marine construction and eventually dredging, a journey which continues today as it has become a dominant player today in the U.S. maritime market, playing a crucial role in building and maintaining the nation’s maritime infrastructure.

MSC Baltic III Grounded, Crew Safe

3 days ago

Canada’s Marine Communications and Traffic Services received a MAYDAY on Saturday from the MSC Baltic III as it ran aground located approximately 12 nautical miles outside the entrance to Bay of Islands, Newfoundland and Labrador, Canada.The vessel reported a loss of power, and unable to secure an anchor in the adverse conditions, grounded in Wild Cove west of Lark Harbour. All 20 crew have been airlifted to safety.Weather in the area continues to be a factor as work is underway to assess the situation and determine the next steps. Canadian Coast Guard crews and Eastern Canada Response Corporation representatives are establishing a staging area in Lark Harbour.