Hyundai Heavy Industries
Hyundai Heavy Industries (HHI) is a global heavy engineering and manufacturing conglomerate headquartered in South Korea. The company is best known as one of the world’s largest shipbuilders, with strong operations across shipbuilding, offshore & marine engineering, industrial machinery, and engine manufacturing. It serves customers in the shipping, offshore energy, defense, and industrial sectors worldwide
Competitors
Fincantieri
Fincantieri is a leading Italian multinational shipbuilding company headquartered in Trieste.
It is one of the world’s largest shipbuilders, producing cruise ships, naval vessels, and specialized offshore platforms.
Samsung Heavy Industries
Samsung Heavy Industries Co., Ltd. (SHI) is a South Korean shipbuilding and offshore engineering company within the Samsung Group.
It is a global leader in building high-value vessels and marine platforms with advanced, energy-efficient designs.
Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd. (MHI) is a Japanese multinational engineering and manufacturing company headquartered in Tokyo.
It operates globally across energy, infrastructure, machinery, aerospace, and defense sectors.
Daewoo Shipbuilding & Marine Engineering
Daewoo Shipbuilding & Marine Engineering (DSME) is a major South Korean shipbuilder based in Geoje, South Gyeongsang Province.
It specializes in large commercial vessels, offshore platforms, and naval ships.
Company Business Model
Designs and builds commercial vessels (tankers, LNG carriers, container ships, bulk carriers)
Delivers offshore platforms, FPSOs, and subsea structures for oil & gas projects
Revenue generated through large project contracts, vessel orders, and equipment sales
Manufactures marine engines, industrial engines, and heavy machinery