Chung Ju-yung, the late founder of the Hyundai Group, created Hyundai as a construction company in 1947. Chung decided to enter into shipbuilding in the early 1970s ignoring that Hyundai had no experience, capital, or shipbuilding technology whatsoever. Despite these challenges, the company received orders for two 260,000-DWT crude oil tankers from Greek magnate George Livanos while Hyundai's Shipyard was still in the planning stages.
In March 1972, ground was broken on an empty stretch of beach in Ulsan to construct what would become the world's largest shipyard. Hyundai then started building the two oil tankers and the shipyard simultaneously. Two years later, in 1974, Hyundai held a ceremony to simultaneously name the two tankers and dedicate the shipyard.
Capturing the imagination of the international maritime community, the event was a historical first step for Hyundai Heavy Industries.
- 2019
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- - Named the 23,000-ton logistics support vessel for the Royal New Zealand Navy
- - Developed the world’s most powerful 4-stroke HiMSEN engine
- - Signed a ship design licensing deal with Saudi Arabia-based International Maritime Industries (IMI)
- - Won gold medals at World Skills Competitions for 19 consecutive years
- - HiMSEN Engine, successful entry to the nuclear power plant market in India
- - Set up HHI Group’s shipbuilding holding company, Korea Shipbuilding & Offshore Engineering (KSOE)
- - Delivered the world’s largest semi-submersible drilling rig, West Bollsta
- - Delivered the first LNG-FSRU, Turquoise P, installed with glycol regasification systems
- - Launched the first of two 2600-ton frigates for the Philippine Navy
- 2018
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- - Reorganized Special & Naval Shipbuilding Division as an independent business division
- - Sailed away the last platform of Nasr oilfield development project in UAE
- - Won 43.9MW Yeosu biomass power plant boiler order
- - Delieverd the 4,900 ton-class landing ship, Ilchulbong
- - Won an order for FEED and hull construction for two At-shore LNG facilities
- 2017
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- - Launched the last 214 class submarine, Shin Dol-seok
- - Completed Odoptu oil and gas production platform project
- - Spin-off Hyundai Electric, Hyundai Construction, and Hyundai Robotics
- - Opened Virtual Reality Safety Education Center
- - Produced the 5000th Propellers
- - Succeed in world's first Full Tandem method
- - Won one gold medal and two bronze medals at World Skill Competition 2017
- 2016
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- - Launched Hyundai Global Service Co., Ltd.
- - Green Energy Division launched into an independent company, HHI Green Energy Co,. Ltd.
- - Obtained a final approval of the moving cavin ‘Sky Bench’
- - Delivered LNG Carrier with a gas restoring system for the world’s highest efficiency
- - Shipped the world’s highest level of distillation column - 121 meters high
- - Launched a newest submarine named by ‘Hong Boem-do Ham’
- - Produced the 10,000th of "HiMSEN” engines
- - Produced the world’s first ‘HP SCR’
- 2015
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- - Selected as ‘World’s Best Ships’ for 32 years in a row
- - Completed the world’s first 10,000 ton capacity shear-leg floating crane
- - Completed the world’s largest Cylindrical FPSO
- - Surpassed the production milestone of 9,000 “HiMSEN” engines
- - Launched the 30-ton class ultra-size excavator
- - World’s first to deliver 2,000 vessels
- - Construction Equipment Division achieved production of 500,000 units
- - Achieved 150 million bhp in two-stroke engine production
- - Produced the world’s first ‘Tier-III’ eco-friendly engine
- 2014
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- - Built the world’s largest 19,000 TEU containership
- - Built a next generation “Offshore Accommodation Vessel”
- - Won $1.13 billion Clean Fuel Project (CFP) in Kuwait
- - Surpassed the production milestone of 8,000 “HiMSEN” engines
- - Designed the “KSLV-Ⅱ(Korea Space Launch Vehicle)” launcher
- - Eco-Ballast Water Treatment System approved as Alternate Management System (AMS) by USCG
- - Unveiled new FOLEX 9-series diesel forklifts
- - Produced high-efficiency PERL-type solar modules
- - Produced the 5,000th crankshaft
- - Completed 100 MW diesel power plant in Panama
- - Developed new hot-wire TIG (Tungsten Inert Gas) robot welding process
- - Launched South Korea’s fifth submarine, ROKS Yun Bong-gil
- - Won the $1.94 billion order for offshore platforms from ADMA-OPCO, UAE
- - Developed Hi-CASS (Hyundai Intelligent Collision Avoidance Support System) for the first time in Korea
- - Appointed Choi Kil-seon as Chairman & CEO, Kwon Oh-gap as President & CEO
- - Recorded the highest sales of Hyundai excavators in UK
- - Developed “Medical Robot” with ASAN Medical Center
- - Delivered the world’s largest cylindrical FPSO to ENI
- - Selected as “Significant Ships” for 31 years in a row
- - Selected as “Korea’s Most Admired Companies in 2014” / First place in shipbuilding category
- - Recognized as an authorized testing lab of solar modules by UL
- 2013
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- - Set up photovoltaic power generators to establish a ‘Green Factory’
- - Won the $3.3 billion power plant project in Saudi Arabia
- - Developed a cargo containment system for membranetype LNG carriers
- - Completed construction of equipment factory in Brazil
- - Signed Memorandum of Understanding for Mobile Powership
- 2012
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- - Recorded 100 million gross tonnage in ships
- - Developed FLNG model
- 2011
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- - Established Green Energy Division
- - Established Hyundai Energy & Resources
- - Completed a new 4,000 unit capacity industrial robot factory
- - Established Asan Nanum Foundation
- 2010
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- - Achieved 20 million bhp in 4-stroke engine construction
- - Completed Gunsan Shipyard and Wind Turbine Factory
- - Developed eco-friendly HiMSEN Gas Engine
- - Acquired Hyundai Oilbank Co., Ltd
- - Achieved 100 million bhp production in 2-stroke marine engines
- 2009
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- - Completion of H-dock specializing in FPSO
- - Delivered the first ship equipped with Hyundai Heavy's Ballast Water Treatment System
- - Selected as " Power Transmission Equipment Company of the Year"
- - Achieved 90 million bhp in marine engine construction
- - Launched Korea's first hybrid patrol ship,Taepungyang 9
- - Acquired Hyundai Corp.
- 2008
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- - Groundbreaking for Gunsan Shipyard
- - Achieved 80 million bhp in marine engine production
- 2007
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- - Launched Korea's first Aegis destroyer, King Sejong the Great
- - Produced world's most powerful ship engine
- - Built world's largest LNG carrier, British Emerald (216,000㎥)
- 2006
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- - Delivered Korea's first oil development project (Rong Doi, Vietnam)
- - Delivered 1,800-ton class submarine, Son Wonil
- 2005
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- - Achieved 50 million bhp in marine engine production
- - Produced 2000th propeller
- 2004
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- - Produced the world's largest propeller (diameter: 9.1m, girth: 29m)
- - Delivered a next-generation 4,500-ton destroyer (KDX-II), Munmu the Great
- - Launched the first ship built using the On-ground Build Method
- 2003
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- - Produced 1500th propeller
- - Established third joint-venture in China
- - Achieved 40 million bhp in marine engine production
- 2002
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- - Delivered 1,000th ship, bringing total ship tonnage to 80 million DWT
- - Inauguration of Hyundai Heavy Industries
- 2001
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- - Delivered the world's largest FPSO, Kizomba A (343,000 DWT)
- 2000
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- - Developed HiMSEN marine diesel engine
- 1999
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- - Produced 1000th propeller
- - Public listing on the Korean Stock Exchange
- 1997
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- - Achieved 50 million DWT in ship construction
- - Established Hyundai Electro-Mechanical Research Institute (HEMRI)
- 1994
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- 1986
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- - Delivered the world's largest ore carrier, Berge Stahl (365,000 DWT)
- 1985
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- - Ranked "World's Top Shipbuilder" by Japanese journal Diamond
- 1984
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- - Established Hyundai Maritime Research Institute (HMRI)
- 1983
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- - Established Hyundai Industrial Research Institute (HIRI), the first private institute in Korea
- 1974
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- - Simultaneously completed construction of shipyard and two supertankers, Atlantic Baron and Atlantic Baroness
- 1972
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- - Groundbreaking for Ulsan shipyard
