Hyundai Mipo Dockyard Co., Ltd.
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Hyundai Mipo Dockyard Co., Ltd.
HD Hyundai Mipo (abbreviated: HMD; ) 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. It delivers about 70 new ships in a year. The delivered amount is over 1 million compensated gross tonnage (CGT) in a year (2007), making it 4th in the world. Its product mix is shipbuilding (96.4%) and conversion and repair (3.6%). It is a member of HD Hyundai and was listed on KOSPI (Korea Composite Stock Price Index) in 1983. Founding *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 *2005 12 completed Jangsaengpo Factory in Ulsan, ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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MV Manxman
MV ''Manxman'' is a new-build Ro-pax ferry which entered service with the Isle of Man Steam Packet Company (IoMSPCo) on 17 August, 2023. History Order and construction The ship was ordered on 31 July 2020 and was built by the Hyundai Mipo Dockyard, Ulsan, South Korea, being laid down on December 24, 2021. Construction commenced in the summer of 2021. On 1 December 2020, following a naming competition, it was announced that the ship would be named ''Manxman'', the third vessel in the history of the line to bear the name. Sea trials ''Manxman'' started her first sea trials in December 2022. However, during the course of the trials a significant fault was found in the ship's gearbox. This necessitated a return to the shipyard where the gearbox was replaced. The Sea Trials resumed in April and were carried out over the course of ten days in the Korea Strait between South Korea and the Japanese island of Tsushima. The trials involved various tests on the vessel's maneuverability ...
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Companies Listed On The Korea Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Shipbuilding Companies Of South Korea
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptian potte ...
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Hyundai Heavy Industries Group
HD Hyundai () is one of the largest South Korean conglomerates engaged in shipbuilding, heavy equipment, machine, and petroleum. HHI Group is controlled by HD Hyundai Co., Ltd. (), formerly known as Hyundai Heavy Industries Holdings Co., Ltd. Businesses HHI Group operates three core businesses - shipbuilding, heavy equipment, and energy - through Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Genuine, and Hyundai Oilbank. Korea Shipbuilding & Offshore Engineering (KSOE) is a sub-holding company that controls the group's shipbuilding companies, including Hyundai Heavy Industries, Hyundai Samho Heavy Industries, and Hyundai Mipo Dockyard. Hyundai Genuine is another sub-holding company that oversees heavy equipment business, having Hyundai Doosan Infracore and Hyundai Construction Equipment as subsidiaries. Hyundai Oilbank is one of the four major oil refiners in South Korea, along with SK Energy, GS Caltex, and S-Oil. See also * Asan Medical Center * Munhwa Ilbo * Ul ...
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Ulsan Hyundai Mipo Dockyard Dolphin FC
Ulsan Hyundai Mipo Dockyard Dolphin was a South Korean football club based in the city of Ulsan. They competed in the National League between 2003 and 2016. They were owned and operated by Hyundai Mipo Dockyard and played their home games at Ulsan Stadium. History The club was founded in 1998 as works team of Hyundai Mipo Dockyard, global shipbuilding company, and joined the Korea National League in 2003. They have won the National League seven times (2007, 2008, 2011, 2013, 2014, 2015 and 2016). In 2016, Hyundai Mipo Dockyard announced that they will not fund the team anymore, and the club was dissolved after the 2016 season. Honours Domestic competitions League * National League ::Winners (7): 2007, 2008, 2011, 2013, 2014, 2015, 2016 Cups * FA Cup ::Runners-up (1): 2005 * National League Championship ::Winners (3): 2004, 2011, 2016 ::Runners-up (4): 2006, 2010, 2012, 2015 * National Sports Festival ::Gold Medal (1): 2003 * National Football Championship ::Winners (1): 20 ...
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HD Hyundai Heavy Industries
HD Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy ...
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Isle Of Man Steam Packet Company
An isle is an island, land surrounded by water. The term is very common in British English. However, there is no clear agreement on what makes an island an isle or its difference, so they are considered synonyms. Isle may refer to: Geography * Isle (river), a river in France * Isle, Haute-Vienne, a commune of the Haute-Vienne ''département'' in France * Isle, Minnesota, a small city in the United States * River Isle, a river in England Arts, entertainment, and media * ''Interdisciplinary Studies in Literature and Environment'' (or ''ISLE''), a journal published by Oxford University Press for the Association for the Study of Literature and Environment *''The Isle'', 2017 film with Conleth Hill * ''The Isle'', a 2000 South Korean film directed by Kim Ki-duk * ''Isle'' (album) Other uses * International Society for the Linguistics of English (ISLE), a learned society of linguists See also * Aisle An aisle is, in general, a space for walking with rows of non-walking spaces o ...
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KOSPI
The Korea Composite Stock Price Index or KOSPI (코스피지수) is the index of all common stocks traded on the Stock Market Division—previously, Korea Stock Exchange—of the Korea Exchange. It is the representative stock market index of South Korea, like the S&P 500 in the United States. KOSPI was introduced in 1983 with the base value of 100 as of 4 January 1980. It is calculated based on market capitalization. As of 2007, KOSPI's daily volume is hundreds of millions of shares or (trillions of won). History KOSPI (한국종합주가지수 ''Hanguk jonghap juga jisu'') was introduced in 1983, replacing Dow-style KCSPI (Korea Composite Stock Price Index). For years, KOSPI moved below 1,000, peaking above 1,000 in April 1989, November 1994, and January 2000. On 17 June 1998, KOSPI recorded its largest one-day percentage gain of 8.50% (23.81 points), recovering from the bottom of the Asian financial crisis. On 12 September 2001, KOSPI had its largest one-day percentage dro ...
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Ulsan
Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north. 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; the world's largest shipyard, operated by Hyundai Heavy Industries; and the world's third largest oil refinery, owned by SK Energy. In 2020, Ulsan had a GDP per capita of $65,352, the highest of any region in South Korea. Administrative divisions Ulsan is divided into four '' gu'' (districts) and one ''gun'' (county): *Buk District () * Dong District () * Jung District () * Nam District () *Ulju County () History Stone tools found at the Mugeo-dong Ok-hyeon archaeological site indicates t ...
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Compensated Gross Tonnage
Compensated Gross Tonnage (CGT) is an indicator of the amount of work that is necessary to build a given ship and is calculated by multiplying the tonnage of a ship by a coefficient, which is determined according to type and size of a particular ship. The standard CGT system was developed in 1977 by the OECD so that inter-country shipbuilding output could be reasonably compared, as different types of ships require a greater or lesser degree of work relative to their gross tonnage. For example, passenger ferry of a given size would require substantially more work to build than a bulk carrier A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, econom ... of the same size due to the differing design requirements, internal structure, and required level of detail, but simply comparing the gross ton ...
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List Of The Largest Shipbuilding Companies
This is a list of the largest shipbuilding companies in 2016 (only companies with revenue of $5 bln. and more are listed): See also *List of shipbuilders and shipyards References {{Reflist Largest shipbuilding Shipbuilding Shipbuilding Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to befor ...
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