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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.
Ulsan is the industrial powerhouse of South Korea, forming the heart of the Ulsan Industrial District. It has the world's largest automobile assembly plant, operated by the Hyundai Motor Company ; [ 4 ] the world's largest shipyard , operated by Hyundai Heavy Industries ; [ 5 ] [ unreliable source? ] and the world's third largest oil refinery ...
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 ...
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 Ulsan class is a light frigate built by Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering. The frigates are 103.7 metres (340 ft 3 in) in length with a top speed of 34 knots (63 km/h; 39 mph) and range of 8,000 nautical miles (15,000 km; 9,200 mi) at 16 knots (30 km/h; 18 mph).
1975 04 Founded on the HHI premises; 1982 12 Constructed New Shipyard at Present Location; 1983 12 listed on KOSPI (Korea Composite Stock Price Index) 1999 04 completed Hyundai-Vinashin Shipyard in Vietnam; 2003 12 MR PC, Selected as 'World-Class Product' 2005 04 completed Daebul Factory in Junnam, South Korea
On May 1, 2018, the steel cutting ceremony was held for P159 (project number of first of two frigates) at HHI's shipyard in Ulsan, South Korea, marking the first step of the vessel's construction journey. [3] On October 16, 2018, HHI held the keel laying ceremony for P159, marking the formal start of the construction of the ship. [4]
The company was first established with a name of Incheon Shipbuilding (인천조선) in 1977 as a subsidiary company of Halla Group. (The founder of 'Halla group' was Chung In-Young the younger brother of Chung Ju-Yung, the founder of Hyundai Group) The first ship building dock was constructed in Incheon, South Korea.