Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest
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 ...
company and a major
heavy equipment
Heavy equipment or heavy machinery refers to heavy-duty vehicles specially designed to execute construction tasks, most frequently involving earthwork operations or other large construction tasks. ''Heavy equipment'' usually comprises five e ...
manufacturer. Its headquarters are in
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 ...
,
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...
.
History
HHI was founded in 1972 by
Chung Ju-yung
Chung Ju-yung or Jung Joo-young (; November 25, 1915 – March 21, 2001), was a South Korean entrepreneur, businessman and the founder of Hyundai Groups, one of the largest chaebols in South Korea. Raised as the eldest son of a poor Korean far ...
as a division of the
Hyundai Group
Hyundai Group (; ) is a South Korean conglomerate founded by Chung Ju-yung. The first company in the group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various in ...
, 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
Korean may refer to:
People and culture
* Koreans, ethnic group originating in the Korean Peninsula
* Korean cuisine
* Korean culture
* Korean language
**Korean alphabet, known as Hangul or Chosŏn'gŭl
**Korean dialects and the Jeju language
** ...
company, the
Hyundai Motor Company
Hyundai Motor Company, often abbreviated to Hyundai Motors ( )
and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company o ...
, was founded in 1967, five years prior to the founding of the Heavy Industry Group. The motor company was also founded by Chung.
The name is an informal romanisation of the Korean ko,
현대, label=none (''hyeondae'') meaning "contemporary", which was Chung's vision for the group of companies that he founded.
Products
Shipbuilding
:* Crude oil tankers (
Very Large Crude Carriers)
:* Shipping container carrier ships
:* Shipping exclusive container carrier cranes
:* Oil and natural gas drilling ships
:* Liquified natural gas carrier ships
:* Liquified Petroleum Gas Carriers (LPG) including Very Large Gas Carriers (VLGC)
Offshore & Industrial Plant Engineering
:* Offshore oil and gas rig engineering and construction
:* Oil and gas storage and delivery vessel construction (
FPSO
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...
)
:* Heavylift ship barge and ship transport vessels (Semi-submersible) building
Naval & Special Ships
:* Naval vessels, with optional Skybench technology
Engine & Machinery
:* Marine Engine & Machinery
:* Engine Power Plants
File:Independence ship.png, A HHI LNG carrier
File:Deepwater Champion (5443740072).jpg, A HHI drillship
File:Goliat FPSO.jpg, A HHI FPSO
File:2008년9월27일 해군 세종대왕함기동 (1) (7193823614).jpg, A HHI naval vessel
File:ROKS Yun Bonggil (SS 077) 190605-N-SS370-0143.jpg, A HHI submarine
See also
*
List of shipbuilders and shipyards
This is a list of notable shipbuilders and shipyards:
Africa Egypt
* Suez shipyard
* Alexandria Shipyard
Asia Azerbaijan
* Baku Shipyard
Bangladesh
* FMC Dockyard Limited
* Ananda Shipyard and Shipways
* Bashundhara Steel & Engineering
* Kh ...
*
Ulsan Hyundai FC
Ulsan Hyundai FC ( ko, 울산 현대 축구단) is a South Korean professional football club based in Ulsan that competes in the K League 1, the top tier of South Korean football. Founded in 1983 as Hyundai Horang-i, they joined the K League i ...
, a South Korean football club owned by Hyundai Heavy Industries
References
External links
*
*
{{Authority control
Companies based in Ulsan
Manufacturing companies established in 1972
Companies listed on the Korea Exchange
Engineering companies of South Korea
Heavy industry
Hyundai Heavy Industries Group
Shipbuilding companies of South Korea
South Korean brands
South Korean companies established in 1972
Diesel engine manufacturers
Marine engine manufacturers
Gas engine manufacturers
Engine manufacturers of South Korea