Samsung Heavy Industries Co Ltd - Company Profile
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Samsung Heavy Industries Co Ltd (SHI) operates in the shipbuilding and construction sectors. It is primarily involved in the construction and sale of vessels, including ultra-large container ships, LNG carriers, and crude oil tankers, and offshore platforms such as LNG-FPSOs and FPUs. The company's Civil Engineering & Construction division focuses on building and civil engineering works, as well as high-tech construction projects, serving construction business owners. SHI also offers digital solutions such as Smartship technologies, autonomous operation technologies, and virtual reality technology. The company's products are mainly sold to overseas shipowners for maritime cargo and LNG transportation. The company has a significant presence in international markets, with major subsidiaries in China and Nigeria. SHI is headquartered in Seongnam-si, South Korea.
Samsung Heavy Industries Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Crude Oil Tankers |
| Shuttle Tanker |
| Container Ships |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company awarded an order to GTT for the tank design of one new Liquefied Natural Gas Carrier of a capacity of 174,000 m³. |
| 2026 | Contracts/Agreements | In July, the company awarded a contract to GTT for the tank design of Delfin FLNG 1, a floating liquefied natural gas unit to be built for the Delfin LNG project. |
| 2026 | Plans/Strategy | In July, the company announced plans to commercialize floating data centers by 2028. |
Competitor Comparison
| Key Parameters | Samsung Heavy Industries Co Ltd | Mitsubishi Heavy Industries Ltd | HD Hyundai Heavy Industries Co Ltd | Hanwha Ocean Co Ltd | HD Hyundai Mipo Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | South Korea | South Korea | South Korea |
| City | Seongnam | Chiyoda-Ku | Ulsan | Geoje | Ulsan |
| State/Province | - | Tokyo | Yeongnam | - | - |
| No. of Employees | 13,974 | 78,793 | 14,500 | 35,000 | 3,593 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joon Ou Nam | Chief Executive Officer; President | Senior Management | - | - |
| Lee Wang-geun | Chief Operating Officer; Vice President; Head - Shipbuilding and Marine Engineering | Senior Management | - | 56 |
| Kim Kyung-hee | Vice President; Head - Management Strategy Office | Senior Management | - | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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