Hyundai Heavy Industries

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.
Zim Dalian
13 Feb 2014
Zim has canceled its remaining orders for four 12,552-TEU ships from Samsung Heavy Industries and four 8,800-TEU ships from Hyundai Samho...
03 Feb 2014
United Arab Shipping Co. today said it has exercised an option for six additional 14,000-TEU container ships, taking its total order book to 16 vessels worth more than $2 billion.
20 Jan 2014
China Shipping Container Lines has upgraded the capacity of five ships on order at Hyundai Heavy Industries from 18,400 TEUs to 19,000 TEUs, the South Korean shipyard said today as it began construction of the first of the world’s largest container vessels.
UASC container
19 Dec 2013
United Arab Shipping Co. has closed a $1.251 billion loan for the partial financing of seven 14,000-TEU container ships and five 18,000-TEU container ships...
Triple E vessel Majestic Maersk in Ningbo, China.
10 Sep 2013
The recent surge in orders for mega-ships risks delaying the recovery in liner shipping beyond 2015, according to industry analyst Alphaliner.
30 Aug 2013
United Arab Shipping Co. has placed a $1.4 billion order for five 18,000-TEU container ships and five 14,000-TEU vessels with South Korea’s Hyundai Heavy Industries.
15 Aug 2013
Compañía Sud Americana de Vapores has approved the sale of two 6,500 20-foot-equivalent unit ships, in line with the Chilean carrier’s strategy of having larger and more efficient ships.
25 May 2013
Hamburg Süd has christened two container ships, the Cap San Nicholas and the Cap San Marco, at the Hyundai Heavy Industries yard in Ulsan, South Korea.
06 May 2013
South Korea’s Hyundai Heavy Industries today confirmed it has won a $700 million order to build five of the world’s largest container ships for China Shipping Container Lines.
16 Jan 2013
Hong Kong-based container ship lessor Seaspan has signed contracts for the construction of five 14,000-TEU container ships at Hyundai Heavy Industries.
03 Jul 2012
Taiwanese carrier Evergreen has finally embraced mega container ships, agreeing to charter 10 13,800 20-foot equivalent unit vessels ordered today at South Korea’s Hyundai Heavy Industries.
13 Dec 2011
Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank
23 Aug 2011
Container ship owner-charterer Seaspan took delivery of the Cosco Harmony, the company’s fourth ship with capacity of 13,100 20-foot-equivalent units.
26 Apr 2011
Container ship owner-lessor Seaspan took delivery of the 8,500-TEU Cosco Vietnam from South Korea’s Hyundai Heavy Industries.
21 Mar 2011
South Korean shipbuilder Hyundai Heavy Industries said Monday that it had won a $711 million order to build six container ships for Hamburg Sud.
02 Mar 2011
Swedish manufacturer TTS Marine contracted to build and install roll-on, roll-off equipment to provide cargo access for four car carriers.
18 Feb 2011
Norway's GTB Invest purchased for $310 million two 13,100 20-foot equivalent unit vessels on order from Hyundai Heavy Industries, less than three months after taking delivery of its first box ship.
07 Feb 2011
Dockwise signed a $240 million contract with Hyundai Heavy Industries to build the world's largest heavy-lift vessel.