Hyundai Heavy Industries


  • Min Keh -sik, chairman and CEO
  • Lee Jai- seong, President and CEO

The Hyundai Heavy Industries Co, Ltd. is a South Korean company headquartered in Ulsan, South Korea.

The company is represented in the top ten of the stock market index KOSPI. It was founded in 1973 by Chung Ju -yung by he persuaded Greek ship owners to order ships, although Chung still had no yard. With the orders from Greece, he persuaded bankers from London to give him capital for the construction of shipyards. Today it is one of the largest shipyards in the world.

The yard provides tankers, bulk carriers, container ships and gas and chemical tankers ago. Among other things, the container ships of the Hamburg Express Class (2012 ) are built on behalf of Hapag -Lloyd here.

Hyundai Heavy Industries is a subsidiary of Hyundai Heavy Industries Group. In 2002 the group was made ​​independent by the Group Hyundai Group. Around ten percent of the shares are held by Chung Mong- joon, an additional ten percent belong to the Hyundai Mipo Dockyard Corp.. (even a 40 percent subsidiary of HHI Hyundai Samho daughter ), just three percent of Hyundai Motor Company. Another major shareholder, with around eight percent, the chemical company KCC Corporation, which also produces auto parts ( as in fiscal year 2006).