Hyundai Heavy Industries

Founded in 1947, Hyundai Heavy Industries is the world's largest shipbuilding company. Based in Ulsan, South Korea, the company commands a global marketshare of 15 percent. The company controls approximately 40 percent of the global container ship market.

08 Jul 2015
Maersk Line has signed a $1.1 billion contract for nine 14,000-TEU ships from Korea’s Hyundai Heavy Industries, its third major order this year, as it accelerates a $15 billion investment program aimed at consolidating its ranking as the world’s largest ocean container carrier.