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BUSINESS

Shipbuilding

  • 174,000 CBM CLASS LNG CARRIER

The World’s No.1 Shipbuilding

Shipbuilding Division of Shipbuilding & Offshore Business Unit, the world's number one shipbuilder, leads the global shipbuilding industry with roughly 10% share of the market. The Hyundai shipyard stretches over four kilometers along the coast of Mipo Bay in Ulsan, Korea. The Shipbuilding Division is capable of building all types of ships to meet various demands from its clients. It has ten large-scale drydocks with nine huge 'Goliath Cranes'. Since the shipyard's groundbreaking in 1972, HHI's Shipbuilding Division has garnered many awards and set many records within the shipbuilding industry.

The Business Unit reached the 10 million DWT production mark in 1984, and the milestone of 20 million DWT in 1988, 30 million DWT in 1991, 40 million DWT in 1994, 50 million DWT in 1997,100 million DWT in 2005 and 200 million DWT in 2017. It had delivered more than 2,300 ships to 331 shipowners in 51 countries until 2023.

Main Products

Tanker Image View Containership Image View LNG Carrier(MOSS) LNG FSRU Image View LPG Carrier Image View Drillship Image View
  • 153,000 DWT Shuttle Tanker
    [Tanker]
    • HHI is leading the tanker market with its streamlined ‘eco’ friendly designs specifically in VLCC (Very Large Crude Carrier) segment ever since its first delivery in 1974.
    • HHI is striving to take yet another leap in developing greener and more fuel-efficient technology for tankers for the future as well as designing new systems for next generation smart ships.
    • - Product Range : VLCC / Suezmax T/K / Aframax T/K & P/C / Shuttle Tanker
  • 153,000 TEU CLASS LNG DUAL FUEL CONTAINER CARRIER
    [Containership]
    • HHI has delivered almost 600 containerships and boasts the world’s largest performance record in this particular product segment.
    • HHI can construct as many as 20 units of over 14,000 TEU Containership (Ultra Large Containership) per year.
    • - Product Range : 19,200 TEU / 14,800 TEU / 11,100 TEU / 9,000 TEU
  • 174,000 CBM CLASS LNG CARRIER
    [LNG Carrier]
    • HHI is the only shipyard capable of constructing LNG (Liquefied Natural Gas) carriers of both Membrane type and Moss type Cargo Containment System, which contains liquefied natural gas at a temperature of -163 °C. In addition, HHI can accommodate various kinds of propulsion systems, such as ME-GI, XDF as well as TFDE, Steam Turbine.
    • - Product Range : 180K ㎥ LNGC (XDF) / 174K ㎥ LNGC (XDF/MEGI/TFDE) / 150K ㎥ Moss LNGC
  • 170,000㎥ LNG Floating Storage Regasification Unit
    [LNG FSRU]
    • HHI’s continuous endeavor for the development of innovative new ships resulted in the contract of the world’s first purpose built LNG-FSRU (Liquefied Natural Gas Floating Storage and Regasification Units) in 2011. Since then, HHI is leading the LNG-FSRU newbuilding market with the biggest performance record.
    • - Product Range : 170K ㎥ LNG FSRU
  • 91,000㎥ Class LPG Dual Fuel LPG Carrier
    [LPG Carrier]
    • HHI dominates the VLGC market by its technical superiority and high quality. In consequence, HHI is maintaining 40% market share of VLGC orderbook and 45% market share of VLGC fleet.
    • HHI’s constant innovation resulted in the application of the world’s first flame-retarding insulation developed in cooperation with insulation system manufacturers to 84,000 cbm LPG carrier’s cargo tank.
    • - Product Range : 84K ㎥ LPGC / 79.3K ㎥ LPGC / 60K ㎥ LPGC
  • 12,000FEET DEEPWATER DRILLSHIP
    [Drillship]
    • Since HHI’s first drillship was appraised by our customer with its excellent performance, HHI has delivered total 16 drillships to various drillship owners.
    • HHI’s purpose built drillship design features large free deck area, better position keeping, protected under deck passageway and canister type retractable thrusters.

Performance Record

As of December 27, 2023

Performance Record
TYPE Order Delivered
No.
(Offshore Div.)
DWT Total No.
(Offshore Div.)
DWT
TOTAL 154 14,783,235 2191 227,245,229
B/C 347 33,035,351
VLOC 30 8,452,678
VLOO 8 2,558,950
CNTR 77 6,430,643 666 53,363,344
PCC 52 815,230
TK 2 313,424 250 32,323,295
VLCC 207 61,096,977
P/C 3 341,283 121 9,026,268
CH/C 8 231,507
LPG 20 1,107,005 195 8,146,458
VLEC 7 436,846 7 447,117
LNG 70 5,818,357 104 8,810,871
OBO 41 4,225,516
MPC 43 800,181
RORO 19 240,275
REF 5 67,629
RIG 9 140,925
BARG 30 324,923
FPSO 4 1,412,323
DRIL 16 650,805
FSRU 1 79,805 11 1,030,645
OTH 6 872
OSV 2 22,307
DGR 10 20,782
VLAC 4 255,872