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HD Hyundai Heavy Industries Co., Ltd. (HHI; Korean: HD현대중공업; RR: Eichidi Hyeondae Junggongeop) is the world's largest shipbuilding company and a major heavy equipment manufacturer. [3] [4] Its headquarters are in Ulsan, South Korea.
HD Hyundai started its shipbuilding business in a small village in Ulsan, South Korea, in 1972 and grew into a global heavy industries company. It is a major supplier in the heavy industries and energy sector, ranging from shipbuilding and marine engineering to oil refining, petrochemicals, and smart energy management businesses.
The Port of Ulsan is a port in South Korea, located in the city of Ulsan.. Hyundai Heavy Industries Ulsan Shipyard & Gunsan shipyard, in Ulsan is currently the largest in the world and has the capability to build a variety of vessels including Commercial Cargo, FPSO offshore, container ship, LNG Carrier, Car carriers, Tankers like VLCC & ULCC, Iron ore carrier and Naval vessels like Aegis ...
The Hyundai Group and SK Group began setting up large businesses in Ulsan. [16] Hyundai Heavy Industries established the shipyard in Ulsan and Hyundai Motor Company started there. [17] Later on SK Energy developed an oil refinery and petrochemical hub there. Ulsan soon transformed into a modern metropolitan city.
HD Hyundai Mipo (abbreviated: HMD; [1] Korean: HD현대미포) is one of the largest shipbuilding companies with the world's largest share (50%) in PC (Product Carrier) segment. Since the 1980s, more than 10,000 ships were repaired and converted until 2005 and 400 newly ordered ships were delivered until 2009.
In 1975, the group began construction on an integrated car factory and launched a new Korean vehicle. In 1973, the group's shipyard was incorporated as Hyundai Shipbuilding and Heavy Industries and renamed Hyundai Heavy Industries in 1978. In 1976, Hyundai Corporation was established as a trading arm. The same year, Asia Merchant Marine Co ...
When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's ...
For instance, in 1999, Korean shipbuilding companies based here, such as Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries overtook Japanese shipbuilding firms as the world's best (). Especially in Ulsan, where heavy industries make up most of the city's revenue, Hyundai Auto and other automobile ...