Korea Shipbuilding & Offshore Engineering Co Ltd (Korea Shipbuilding), a subsidiary of HD Hyundai Co Ltd, is a shipbuilding company. It operates through its business segments such as shipbuilding which offers general merchant ships, high-value-added gas carriers, offshore vessels and state-of-the-art vessels. The company's offshore plant business offers crude oil production and storage facility, construction and power generation and chemical plant construction. Korea's Shipbuilding engine machinery business supplies large engines, mid-sized engines, and engine power generation facilities for land use. The company operates in North America, Asia and Europe. Korea Shipbuilding is headquartered in Seoul, South Korea.
Products and Services
Products | Services |
---|---|
Crude Oil Tankers | Shipbuilding Services |
Chemical Tankers | Project Management Services |
Product Carriers | Integrated Logistic Support |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company along with Century, Daewoo Engineering & Construction, Doosan Energy, Hyundai Engineering & Construction, Hyundai Engineering, POSCO Engineering & Construction, and Samsung Heavy Industries signed a memorandum of understanding with South Korea’s Ministry of Science and ICT to form next-generation nuclear reactors. |
2024 | Contracts/Agreements | In April, the company was awarded a US$207 million contract from an Asian shipper to build four petrochemical carriers. |
2024 | Contracts/Agreements | In March, the company secured a US$372 million contract to build three very large ammonia carriers for an Oceanian-based shipper. |
Competitor Comparison
Key Parameters | HD Korea Shipbuilding & Offshore Engineering Co Ltd | Siemens AG | Samsung C&T Corp | Doosan Enerbility Co Ltd | Samsung Heavy Industries Co Ltd |
---|---|---|---|---|---|
Headquarters | South Korea | Germany | South Korea | South Korea | South Korea |
City | Seongnam | Muenchen | Seoul | Changwon | Seongnam |
State/Province | - | Bayern | - | - | - |
No. of Employees | 27,409 | 321,000 | 12,083 | 7,779 | 13,974 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ka Sam Hyun | Chairman; Chief Executive Officer | Executive Board | 2022 | - |
Chung Kisun | Chief Executive Officer; President; Director | Executive Board | 2022 | - |
Jo Young Hee | Director | Non Executive Board | 2022 | 54 |
Kim Hong Kee | Director | Non Executive Board | 2023 | - |
Lim Suk Sig | Director | Non Executive Board | 2022 | 70 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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