Marine and Shipbuilding Monthly Journal
Seoul Ra-11997(ISSN: 2005-3061)



Today

Korean
Search  
  • Banner Advertisement
  • Subscribe order
  • Advertisement
  • HHI - Press Center
    SNS Real Time News
       Media Information
       About Company
       Banner Ads Guide
       Magazine Ads Guide
       Maritime World News
       Maritime Order News
      World Press Center
        Vendor Press Center
        World Press Center
       Report of Shipbuilding
       Ships Photo Gallery
    Magazine Web Link
      Metalnet Korea Monthly
      Metal Working Monthly
    All materials appearing on this site as a Metal Network Korea has been transformed without prior permission of piracy can not be used.
    Affiliate suggestion Contact
    Hyundai Heavy Industries Group Wins USD 240 Million Order for the World’s First LNG-fueled Aframax Tankers [Mar 2017] Hyundai Samho Heavy Industries (HSHI), Hyundai Heavy Industries’ shipbuilding affiliate, announced today that it recently won an order to build four 114,000 DWT Ice-Class IA aframax tankers from Sovcomflot, the Russia’s state-owned shipping company.
    Hyundai Global Services Enters into Eco-friendly Ship Services Business with KSS Line [Feb 2017] Hyundai Global Services (HGS), Hyundai Heavy Industries’ (HHI) newly spun-off company specializing in providing total marine services announced today it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship business.
    ...................................................................................................................[Press releases 2016]
    The Construction of King Salman Global Maritime Industries Complex Gains Steam with Royal Inauguration Ceremony [Dec 2016] Hyundai Heavy Industries, the world’s largest shipbuilder, announced today that Royal Inauguration Ceremony of King Salman Global Maritime Industries Complex was held at Ras Al-Khair, Saudi Arabia with the attendance of His Majesty King Salman bin Abdulaziz Al Saud on November 29.
    Hyundai Heavy Industries Spins Off into Six Separate Companies [Nov 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder announced today its board of directors meeting held today decided to split its non-shipbuilding divisions into independent companies in an effort to improve management efficiency and sharpen its core competitiveness. Under the plan sanctioned at the meeting, its current Shipbuilding, Offshore
    Hyundai Heavy Industries and KEPCO Receive AIP for 2MW Supercritical CO2 Power Generation System [Nov 2016] HHI, the world’s largest shipbuilder and Korea Electric Power Corporation (KEPCO), a leading utility firm in South Korea, announced today that they received an Approval in Principle (AIP) for a 2MW Supercritical CO2 (S-CO2) Power Generation System recovering waste heat
    Hyundai Heavy Industries Posts Profits for Three Consecutive Quarters [Oct 2016] Hyundai Heavy Industries (HHI) issued a public disclosure of its 3Q 2016 consolidated earnings today. According to a regulatory filing, during the July-September period HHI racked up 8.8391 trillion Korean won (hereinafter referred to as “won”) in consolidated sales while consolidated operating income stood at 321.8 billion won,
    Hyundai Heavy Industries Wins an Order to Build Two 2,600 ton Frigates for the Philippine Navy [Oct 2016] 현대중공업, 필리핀 해군 2,600Ton급 구축합(Frigates) 2척 수주 - Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it signed a contract to build two 2,600 ton frigates with the Department of National Defense, Republic of the Philippines.
    Hyundai Heavy Industries Receives 2nd AIP for SkyBenchTM, Innovative Design Concept for Maximizing Cargo Loading Capacity [Sep 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced it received the second approval in principle (AIP) from DNV GL for SkyBenchTM, an innovative design for maximizing cargo loading capacity of large containerships at the SMM exhibition
    Hyundai Heavy Industries Posts 900 Billion Won Profits for First Half of 2016 [Jul 2016] According to a regulatory filing, during April-June period HHI racked up 9.8627 trillion Korean won (hereinafter referred to as “won”) in sales while operating income stood at 557.2 billion won, bringing accumulated sales and operating profits for the first half of this year to 20.1355 trillion won and 882.4 billion won respectively.
    Samil PwC Gives Green Light for HHI’s 3.5 Trillion Won Management Improvement Plan [Jul 2016] Hyundai Heavy Industries (HHI) announced today it was notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement plan is good enough for HHI to make operating profits and secure liquidity even in the worst case scenario.
    Hyundai Heavy Industries Wins Logistics Support Vessel Order for New Zealand's Maritime Sustainment Capability Project [Jul 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today it won an order to build a 23,000 ton class logistics support vessel for New Zealand Defence Force’s Maritime Sustainment Capability (MSC) project. HHI was selected as a preferred bidder in December 2015.
    Hyundai Heavy Industries Delivers the World’s Largest Semi-Submersible Drilling Rig for Diamond Offshore [Jul 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading offshore facilities manufacturer, today announced it delivered Ocean Greatwhite, the world’s largest semi-submersible drilling rig, to Diamond Offshore, a Houston-based drilling contractor on July 15.
    Hyundai Heavy Industries Teams up with Partners to Establish Smart Ship Eco System [Jul 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, today announced the signing of a Memorandum of Understanding for Creating an Eco System for Smart Ships with SK Shipping, Intel, Microsoft, the Ulsan Center for Creative Economy & Innovation (UCCEI) and the Daejeon Center for Creative Economy & Innovation.
    Hyundai Heavy Industries Announces 3.5 Trillion Won Management Improvement Plan [Jun 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it will implement a management improvement plan by 2018. This plan, worth 3.5 trillion won, is purposed to rebuild trust in the market, improve its balance sheet, and sharpen HHI’s competitiveness.
    Hyundai Heavy Industries Announces Competitiveness Enhancement Measures [May 2016] Hyundai Heavy Industries (HHI) announced today that it will spur the efforts to enhance its competitiveness by implementing intense management reform plans including the voluntary retirement of manager-level employees. An HHI officer said, “Along with the 25 percent cut of senior managers last month,
    Hyundai Heavy Industries Produces 1,500th ACONIS for Ships [May 2016] Hyundai Heavy Industries (HHI), a leading electro electric equipment manufacturer, announced today it achieved an accumulated production of 1,500 ship sets of ACONIS (Automation Communication & Navigation Information Solution). ACONIS refers to an integrated ship automation system that HHI developed
    Hyundai Heavy Industries Returns to Profits in 10 Quarters [Apr 2016] Hyundai Heavy Industries (HHI) issued a public disclosure of its 1Q 2016 consolidated earnings today. According to a regulatory filing, HHI racked up 10.2728 trillion Korean won (hereafter the “won”) in sales, a 7.8 % decline from the previous quarter while operating income swung to a profit of 325.2 billion won, putting an end to a nine-quarter losing streak.
    Norwegian Prime Minister Erna Solberg Visits Hyundai Heavy Industries [Apr 2016] Hyundai Heavy Industries (HHI), the largest shipbuilder and a leading offshore facilities contractor, announced today that Her Excellency Erna Solberg, Prime Minister of the Kingdom of Norway along with Mr. Jan Grevstad, Norwegian Ambassador to the Republic of Korea and other government officials of Norway visited HHI
    HHI, ROK Navy’s Seventh Class 214 Submarine Launched [Apr 2016] Hyundai Heavy Industries, the world’s biggest shipbuilder, announced today it launched South Korea’s seventh KSS-II 1,800-ton submarine, Hong Beom-do, at its Special & Naval Shipbuilding Division in Ulsan, South Korea. The launching ceremony of the Class 214 diesel-electric air independent propulsion submarine was attended by
    Hyundai Heavy Industries and GE Sign MOU for the Development of GOGES Package About LNG Carriers and Containerships [Mar 2016] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today it signed an MOU with General Electric Company (GE) for a comprehensive cooperation for the development of GOGES package about LNG carriers and containerships
    Hyundai Heavy Industries Develops High Flame-Retarding Insulation for LPG Cargo Tank [Mar 2016] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today it developed the world’s first flame-retarding insulation for LPG cargo tank in cooperation with insulation system manufacturers. Polyurethane foam, the current and the most commonly used insulation material for LPG cargo tank,
    HHI Produces 10,000th HiMSEN 4-Stroke Marine Engine [Feb 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading marine engine manufacturer announced today it produced 10,000th HiMSEN (Hi-Touch Marine and Stationary Engine) engine installed on a 14,400 TEU containership ordered from Costamare, Greece. The HiMSEN engines are medium speed 4-stroke engines
    Hyundai Heavy Industries and Doosan Heavy Industries Collaborate in Localizing Main Equipment for Offshore Plants [Feb 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced that it has signed a memorandum of understanding to collaborate on the localization of main equipment and materials for offshore plants with Doosan Heavy Industries & Construction (DHIC) and
    Hyundai Heavy Industries Announces 2015 Consolidated Earnings [Feb 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, issued a public disclosure of its 2015 consolidated earnings today. According to a regulatory filing, HHI racked up 46.2317 trillion Korean won in sales, 12.1 % decline from the previous year while operating loss and net loss came in at 1.5401 trillion won and 1.3632 trillion won,
    Hyundai Heavy Industries’ New Eco-Friendly Breakthrough Product: the World’s First Tier III-Compliant High Pressure SCR [Feb 2016] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder and a leading marine engine maker, announced today that it produced the world’s first High Pressure Selective Catalytic Reduction (HP SCR) system for the dramatic reduction of NOx emission
    ...................................................................................................................[Press releases 2015]
    Hyundai Heavy Industries Group Gains Five More “World Class Products [Dec 2015] Hyundai Heavy Industries Group (HHI Group), the world’s biggest shipbuilding group, today announced that it gained the “World Class Products” certification on five more products, bringing the total number of the title winning products to 48: 34 for Hyundai Heavy Industries (HHI) and seven each for HMD and HSHI.
    Hyundai Heavy Industries Signs MOU for Localizing Marine Equipment with Domestic Counterparts [Dec 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today it signed a “Memorandum of Understanding (MOU) for the Establishment of Industrial Cluster for Localizing Marine Equipment Between Marine Equipment Manufacturing and Supply Companies” at Hotel Hyundai Ulsan.
    ExxonMobil Supervisors in Ulsan Roll Up Their Sleeves to Do Charity Work [Dec 2015] Supervisors of ExxonMobil, who have been relocated to Ulsan, South Korea to work at Hyundai Heavy Industries (HHI) for oversight of offshore plant manufacturing, set aside the whole week starting December 1 for philanthropic activities and spent their time to interact with the local community and help the underprivileged.
    Hyundai Heavy Industries and Saudi Aramco Sign MOU for New Business Opportunities Collaboration [Nov 2015] Hyundai Heavy Industries (HHI) Group entered into a general memorandum of understanding (MOU) with Saudi Aramco, the world’s leading integrated energy and chemicals company, to jointly collaborate on business development opportunities in the Kingdom of Saudi Arabia.
    Hyundai Heavy Industries Announces Consolidated 3Q15 Earnings [Oct 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, issued a public disclosure of its 3Q15 earnings today. According to the disclosure, 3Q sales came in at 10.9184 trillion Korean won (hereafter “won”), operating loss at 678.4 billion won and net loss at 451.4 billion won.
    Hyundai Heavy Industries Takes Lead in Standardizing Offshore Design [Oct 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced today it and its domestic counterparts, Samsung Heavy Industries \ and Daewoo Shipbuilding and Marine Engineering, recently held a meeting for an “Offshore Design Standardization JIP” with American Bureau of
    Hyundai Heavy Industries Group Shows the Smarter Way to Efficient, Green Technology in Shipbuilding at KOMARINE 2015 [Oct 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading integrated heavy industries company, announced today it teams up with its shipbuilding affiliates, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries, to participate in KOMARINE 2015,
    Hyundai Heavy Industries Develops “Sea Weather Forecasting System” in Cooperation with KIOST [Jul 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today that it jointly developed the “Sea Weather Forecasting System” with Korea Institute of Ocean Science & Technology. The system will enable HHI to manage sea trial schedules of ships it builds at its Ulsan yard 72 hours
    Hyundai Heavy Industries and GE Receive AIP for the World’s First Gas Turbine-Powered LNG Carrier [Jul 2015] Hyundai Heavy Industries, the world’s biggest shipbuilder, announced today that the company has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine (GE), a leading industrial gas turbine maker, and has secured Approval in Principle (AIP)
    Hyundai Heavy Industries Sets New Milestone of Delivering 2,000 Ships [May 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced it recently delivered its 2,000th ship, another milestone in the global shipbuilding history. Since its establishment in the early 1970s when HHI took the world by surprise by simultaneously completing the shipyard and two 266,000 DWT VLCC in
    Indian Prime Minister Narendra Modi Visits HHI [May 2015] Narendra Modi, prime minister of India, today visited Hyundai Heavy Industries (HHI) to seek increased partnership between Indian shipyards and HHI to ensure India’s shipbuilding industry can benefit from the shipbuilding expertise and experience of HHI. HHI is reported to be the only Korean company the Prime Minister visits during his two-day stay in Korea.
    Hyundai Heavy Industries Puts Its Fuel Saving Propeller Attachment, Hi-FIN, into Service [May 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced its fuel saving propeller attachment, Hi-FIN, proves beneficial to shipowners and operators. After a year-long trial of the energy-saving device installed on a 162,000 m3 LNG carrier ordered from Maran Gas, HHI found that Hi-FIN can save up
    Hyundai Heavy Industries Holds 41st Annual General Meeting of Shareholders [Mar 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today held its 41st Annual General Meeting of Shareholders at Hanmaeum Cultural Center, Ulsan. The meeting agenda included approval for the financial statements, and the ceiling for the Board of Directors’ remuneration as well as appointment of directors
    Hyundai Heavy Industries Integrates Overlap of Functions [Mar 2015] Hyundai Heavy Industries (HHI), the world's largest shipbuilder, is set to integrate overlapping roles and responsibilities across HHI and its shipbuilding affiliates, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries, as part of a drive to realign the business. HHI recently identified four areas of overlap for phase one
    Hyundai Heavy Industries to Add 10,000 ton Heavy Lift Vessel to Its Offshore Facility- Building Infrastructure Legion [Feb 2015] Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, today announced its shipbuilding affiliate, Hyundai Samho Heavy Industries, completed a 10,000 ton heavy lift vessel (HVL), Hyundai-10000, at its shipyard in Yeongam, South Korea.
    Hyundai Heavy Industries Develops HHI Gas Management System for Fuelling LNG Carrier [Feb 2015] Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a marine engine manufacturer, announced today that it independently developed HHI Gas Management System re-liquefying boil off gas (BOG) from a membrane LNG containment tank to use it as fuel for LNG carriers.
    Hyundai Heavy Industries Hands Over the World’s Largest Cylindrical FPSO [Feb 2015] HHI, the world’s biggest shipbuilder and a leading offshore facilities contractor, announced today that Goliat FPSO, the world’s largest cylindrical FPSO ordered by Eni Norge, sailed away from its yard. The 64,000 ton cylindrical floater, measuring 112 m in diameter and 75 m in height, is designed to store one million barrels of crude oil per day.
    Hyundai Heavy Industries Releases Consolidated 4Q14 and 2014 Full Year Earnings [Feb 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, reported the financial results for its consolidated fourth quarter and full year ended December 31, 2014. Revenues went up 11.6 % from the previous quarter to 13.8641 trillion Korean won (hereinafter referred to as ‘won’) in the fourth quarter of 2014 thanks
    Hyundai Heavy Industries Localizes Offshore Facilities Equipment [Jan 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced today that it completed the first phase of the four-year-long plan for localizing offshore facilities equipment and components that the company has mostly secured from overseas suppliers.
    Hyundai Heavy Industries Launches Hyundai Marine Service Center with Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries [Jan 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today that it has recently launched the Hyundai Marine Service Center in Ulsan by merging the aftersales service units of HHI, Hyundai Samho and HMD, including their overseas service offices
    Hyundai Heavy Industries Appoints New COO for Offshore Business [Jan 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced today that it promoted Mr. Park Jong-bong, executive vice president, to senior executive vice president, and appointed him as a new COO of its Offshore & Engineering Division.
    HHI sets new orderbook target of $23bn in 2015 [Jan 2015] Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has set an orderbook value target of $22.95bn for 2015, with president and ceo Kwon Oh-gap saying it is “easily reachable”. Challenged by unprofitable business and the recent strike by its shipyard workers, Kwon said the company needs to recover its competitiveness through internal changes and innovations.
    Hyundai Heavy Industries Greets New Year with the Simultaneous Naming Ceremony [Jan 2015] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, hailed the New Year by naming two 10,000 TEU containerships for a Greek shipping line, Oceanbulk Maritime SA, today. The naming ceremony was attended by Mr. Spyros Capralos, chief executive officer of Oceanbulk; Mr. Nicos Rescos,
    ......................................................................................................[Previous press releases 2014]
    Hyundai Heavy Industries Completes the World’s Largest Containership [Nov 2014] Hyundai Heavy Industries Co., Ltd. (HHI) announced today it held a naming ceremony for the world’s largest containership, the first of five 19,000 TEU containerships ordered from China Shipping Container Lines (CSCL) in May 2013. The naming ceremony was attended by Xu Li Rong, chairman of China Shipping Group;
    Hyundai Heavy Industries Wins $1.94 Billion Offshore Order in UAE [Nov 2014] Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced today that it signed a contract for a $1.94 billion order for the second package of the Nasr Full Field Development Project from Abu Dhabi Marine Operating Company (ADMA-OPCO).
    Hyundai Heavy Industries Unveils Automatic Painting Spray Head [Sep 2014] Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder, announced today that it developed an automatic spray head for painting the bottom parts of ships. The automatic painting spray enables the paint to spread evenly across the surface saving 20% of the paint used compared with the manual painting method where painters have
    Hyundai Heavy Industries(HHI) Shows Diverse LNG Carrier Models at Gastech [Mar 2014] Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today that it exhibits at Gastech 2014 from March 24 to March 27 at KINTEX, an exhibition facility in Gyeonggi Province, South Korea. The Ulsan, South Korea-based shipbuilding giant that completed Korea’s first LNG carrier in 1994 is the only Korean shipbuilder capable of
    Hyundai Heavy Industries Holds 40th Annual General Meeting of Shareholders [Mar 2014] Hyundai Heavy Industries(HHI), the world’s biggest shipbuilder, today held its 40th Annual General Meeting of Shareholders at Hanmaeum Cultural Center, Ulsan. The meeting agenda included approval for the financial statements, and the ceiling for the Board of Directors’ remuneration as well as appointment of directors,
    Hyundai Heavy Names Five Large Containerships [Mar 2014] Hyundai Heavy Industries(HHI), the world’s biggest shipbuilder today announced that it set a new daily naming ceremony record by naming five containerships ordered from Enesel on a single day. In a simultaneous naming ceremony attended by Mr. Andonis Lemos, Mr. Filippos Lemos, Mr. Kim Oi-hyun, President & CEO
    [Jan 2014]: Hyundai Heavy Begins Building World’s Largest Containership Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today began building the first of five 19,000 TEU containerships for China Shipping Container Lines (Hong Kong) Co., Ltd. The shipowner upgraded the original order for five 18,400 TEU containerships to ones capable of delivering 600 more containers.
    metalnetwork-korea Company: Metal Network Korea Company
    Add: E-Space 310, #212-26, Guro-3Dong Guro-Gu, Seoul, Korea 152-053
    TEL: +82-2-3281-5037         FAX: +82-2-3281-0280
    Copyright ⓒ 1992-2016[Establishment 24 year] Metal Network Korea Company. All rights reserved.