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Chung Ju-yung, the late founder of the Hyundai Group, created Hyundai as a construction company in 1947. Chung decided to enter into shipbuilding in the early 1970s ignoring that Hyundai had no experience, capital, or shipbuilding technology whatsoever. Despite these challenges, the company received orders for two 260,000-DWT crude oil tankers from Greek magnate George Livanos while Hyundai's Shipyard was still in the planning stages.

In March 1972, ground was broken on an empty stretch of beach in Ulsan to construct what would become the world's largest shipyard. Hyundai then started building the two oil tankers and the shipyard simultaneously. Two years later, in 1974, Hyundai held a ceremony to simultaneously name the two tankers and dedicate the shipyard.

Capturing the imagination of the international maritime community, the event was a historical first step for Hyundai Heavy Industries.

2011~

(Left)FLNG, (Right)Solar Power and Wind Turbine System

2016
  • - Launched Hyundai Global Service Co., Ltd.
  • - Green Energy Division launched into an independent company, HHI Green Energy Co,. Ltd.
  • - Obtained a final approval of the moving cavin ‘Sky Bench’
  • - Delivered LNG Carrier with a gas restoring system for the world’s highest efficiency
  • - Shipped the world’s highest level of distillation column - 121 meters high
  • - Launched a newest submarine named by ‘Hong Boem-do Ham’
  • - Produced the 10,000th of "HiMSEN” engines
  • - Produced the world’s first ‘HP SCR’
2015
  • - Selected as ‘World’s Best Ships’ for 32 years in a row
  • - Completed the world’s first 10,000 ton capacity shear-leg floating crane
  • - Completed the world’s largest Cylindrical FPSO
  • - Surpassed the production milestone of 9,000 “HiMSEN” engines
  • - Launched the 30-ton class ultra-size excavator
  • - World’s first to deliver 2,000 vessels
  • - Construction Equipment Division achieved production of 500,000 units
  • - Achieved 150 million bhp in two-stroke engine production
  • - Produced the world’s first ‘Tier-III’ eco-friendly engine
2014
  • - Built the world’s largest 19,000 TEU containership
  • - Built a next generation “Offshore Accommodation Vessel”
  • - Won $1.13 billion Clean Fuel Project (CFP) in Kuwait
  • - Surpassed the production milestone of 8,000 “HiMSEN” engines
  • - Eco-Ballast Water Treatment System approved as Alternate Management System (AMS) by USCG
  • - Unveiled new FOLEX 9-series diesel forklifts
  • - Produced high-efficiency PERL-type solar modules
  • - Produced the 5,000th crankshaft
  • - Completed 100 MW diesel power plant in Panama
  • - Developed new hot-wire TIG (Tungsten Inert Gas) robot welding process
  • - Launched South Korea’s fifth submarine, ROKS Yun Bong-gil
  • - Won the $1.94 billion order for offshore platforms from ADMA-OPCO, UAE
  • - Designed the “KSLV-Ⅱ(Korea Space Launch Vehicle)” launcher
  • - Developed Hi-CASS (Hyundai Intelligent Collision Avoidance Support System) for the first time in Korea
  • - Appointed Choi Kil-seon as Chairman & CEO, Kwon Oh-gap as President & CEO
  • - Recorded the highest sales of Hyundai excavators in UK
  • - Developed “Medical Robot” with ASAN Medical Center
  • - Delivered the world’s largest cylindrical FPSO to ENI
  • - Selected as “Significant Ships” for 31 years in a row
  • - Selected as “Korea’s Most Admired Companies in 2014” / First place in shipbuilding category
  • - Recognized as an authorized testing lab of solar modules by UL
2013
  • - Signed Memorandum of Understanding for Mobile Powership
  • - Won the $3.3 billion power plant project in Saudi Arabia
  • - Completed construction of equipment factory in Brazil
  • - Developed a cargo containment system for membranetype LNG carriers
  • - Set up photovoltaic power generators to establish a ‘Green Factory’
2012
  • - Developed FLNG model
  • - Recorded 100 million gross tonnage in ships
2011
  • - Established Asan Nanum Foundation
  • - Completed a new 4,000 unit capacity industrial robot factory
  • - Established Hyundai Energy & Resources
  • - Established Green Energy Division

2010-2001

(Left)Offshore & Engineering’s Shipyard, (Center)Hyundai Oilbank, (Right)HiMSEN Gas Engine

2010
  • - Achieved 100 million bhp production in 2-stroke marine engines
  • - Acquired Hyundai Oilbank Co., Ltd
  • - Developed eco-friendly HiMSEN Gas Engine
  • - Completed Gunsan Shipyard and Wind Turbine Factory
  • - Achieved 20 million bhp in 4-stroke engine construction
2009
  • - Acquired Hyundai Corp.
  • - Launched Korea's first hybrid patrol ship,Taepungyang 9
  • - Achieved 90 million bhp in marine engine construction
  • - Selected as " Power Transmission Equipment Company of the Year"
  • - Delivered the first ship equipped with Hyundai Heavy's
    Ballast Water Treatment System
  • - Completion of H-dock specializing in FPSO
2008
  • - Achieved 80 million bhp in marine engine production
  • - Groundbreaking for Gunsan Shipyard
2007
  • - Built world's largest LNG carrier, British Emerald (216,000㎥)
  • - Produced world's most powerful ship engine
  • - Launched Korea's first Aegis destroyer, King Sejong the Great
2006
  • - Delivered 1,800-ton class submarine, Son Wonil
  • - Delivered Korea's first oil development project (Rong Doi, Vietnam)
2005
  • - Produced 2000th propeller
  • - Achieved 50 million bhp in marine engine production
2004
  • - Launched the first ship built using the On-ground Build Method
  • - Delivered a next-generation 4,500-ton destroyer (KDX-II),
    Munmu the Great
  • - Produced the world's largest propeller (diameter: 9.1m, girth: 29m)
2003
  • - Achieved 40 million bhp in marine engine production
  • - Established third joint-venture in China
  • - Produced 1500th propeller
2002
  • - Inauguration of Hyundai Heavy Industries
  • - Delivered 1,000th ship, bringing total ship tonnage to 80 million DWT
2001
  • - Delivered the world's largest FPSO, Kizomba A (343,000 DWT)

2000-1991

LNG Carrier

2000
  • - Developed HiMSEN marine diesel engine
1999
  • - Produced 1000th propeller
  • - Public listing on the Korean Stock Exchange
1997
  • - Achieved 50 million DWT in ship construction
  • - Established Hyundai Electro-Mechanical Research Institute (HEMRI)
1994
  • - Delivered LNG carrier

1990-1981

The world’s largest Ore Carrier

1986
  • - Delivered the world's largest ore carrier, Berge Stahl (365,000 DWT)
1985
  • - Ranked "World's Top Shipbuilder" by Japanese journal Diamond
1984
  • - Established Hyundai Maritime Research Institute (HMRI)
1983
  • - Established Hyundai Industrial Research Institute (HIRI),
    the first private institute in Korea

1980-1971

(Left)Atlantic Baron and Atlantic Baroness, (Right)Groundbreaking for Ulsan shipyard

1974
  • - Simultaneously completed construction of shipyard and two supertankers, Atlantic Baron and Atlantic Baroness
1972
  • - Groundbreaking for Ulsan shipyard