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New Construction Guide
Last updated: 08 June 2026 at 09:52
Shipyards

HD Hyundai Heavy Industries Co., Ltd.

Ulsan South Korea Hyundai Heavy Industries (HHI)

Under Group of:

Production
85–100 vessels
per year
Size
7 million
meters squared
Market share
15%
of the global DWT of vessels
Vessel Types
9
Aframax Tanker, Bulk Carrier, Container Ship, FPSO / FSU, LNG, LPG, PCTC, Tanker, VLOC
Shipbuilding Summary

Hyundai Heavy Industries (HHI) is located at Ulsan. It accounts for over 15% of the entire DWT of vessels produced worldwide each year, making it the largest single shipbuilder in the world. Its enormous facility is located about one hour north of Busan.

Design facilities
HHI has invested heavily in R&D over the last 20 years. Each process including future-proof technologies carried out by HHI and KSOE (Korea Shipbuilding and Offshore Engineering, HHI Group's holding company), such as ship and ocean hydrodynamics, machinery and propeller design, has its own R&D division. These centres have extensive facilities including a 210m towing tank, a circulating water 
channel and a cavitation tunnel. HHI also has a structural testing rig, which is used to determine the strength and fatigue characteristics of large, complex ship structures.

Construction facilities
HHI’s massive facility covers over 7m sq m and embraces nearly every process required to build a ship. Ten dry-docks lie within its perimeter, including Number Three Dock with a capacity of 1m DWT. The large number of dry-docks means a wide variety of ship types and sizes can be accommodated. HHI’s capacity is currently estimated to be 85–100 vessels per year, though this will increase due 
to the development of new techniques for building vessels on land. In addition to the shipbuilding facilities, HHI has a large engine works, building all the engines fitted to HHI ships. As well as forging crank and propeller shafts, the company has extensive propeller manufacturing capabilities.

Why Lloyd's Register?

Independent shipyard insight, future-ready newbuild guidance and expert advisory support to help you make confident new construction decisions from planning to delivery.

New construction decisions shape the performance, compliance and commercial value of a vessel for decades. Lloyd’s Register helps owners, operators, charterers and project teams make those decisions with greater clarity, combining trusted classification expertise with practical newbuild advisory support. 

Through LR’s New Construction Guide, clients can access independent shipyard intelligence across North Asia, including China, Korea and Japan. The guide helps compare shipyard capabilities, facilities, track record, vessel specialisms and future-fuel readiness, supporting smarter shipyard selection and earlier project planning.

Beyond the guide, LR provides advisory support across the full newbuild lifecycle. From technical specification development and design review to regulatory impact assessments, alternative fuel studies, energy efficiency, carbon capture readiness, site support and operational preparation, LR helps clients reduce uncertainty before it becomes a cost, a delay, or a risk. 

With global technical authority, local shipyard knowledge and deep maritime expertise, Lloyd’s Register supports future-ready vessels from the earliest concept through to construction and delivery, helping clients build with confidence in an increasingly complex market.

Shipbuilding Details
Tanker
Tanker

Up to 75,000 Panamax tanker
Up to 115,000 Aframax tanker
Up to 165,000 VLCC Suezmax tanker (Shuttle Tankers incl.) 

Capesize bulker (LNG-fuel)
Capesize bulker (LNG-fuel)

Up to 210,000

Containership
Containership

Up to 23,000 TEU (LNG-Fuel incl.)

 

FPSO/FSU
FPSO/FSU

Various

VLOC/VLEC
VLOC/VLEC

325,000 

Up to 98,000

PCTC
PCTC

6,700 / 8,000 units

Summary of tabbed selection to inform user

Type
Size
Capacity
Rating
Dry Dock No. 1 390m x 80m x 12.7m 500,000 DWT N/A
Dry Dock No.2 500m x 80m x 12.7m 700,000 DWT N/A
Dry dock No.3 640m x 92m x 13.4m 1,000,000 DWT N/A
Dry dock No.4 380m x 65m x 12.7m 400,000 DWT N/A
Dry dock No.5 380m x 65m x 12m 400,000 DWT N/A
Dry dock No.6 260m x 43m x 12m 150,000 DWT N/A
Dry Dock No.7 170m x 25m x 11m 15,000 DWT N/A
Dry dock No.8 460m x 70m x 12.7m 500,000 DWT N/A
Dry dock No.9 460m x 70m x 12.7m 500,000 DWT N/A
Ship lift 120m x 20m N/A N/A
Click to view images
Contact Details

HD Hyundai Heavy Industries Co., Ltd.

1, Jeonha-dong, Dong-gu, Ulsan

Web: www.hhi.co.kr

left-arrow Shipyards
Last updated:
08 June 2026 at 09:52

HD Hyundai Heavy Industries Co., Ltd.

Ulsan South Korea Hyundai Heavy Industries (HHI)

Under Group of:

Production
85–100 vessels
per year
meters squared
7 million
meters squared
Market share
15%
of the global DWT of vessels
Vessel Types
9
Aframax Tanker, Bulk Carrier, Container Ship, FPSO / FSU, LNG, LPG, PCTC, Tanker, VLOC
Click to view images
Shipbuilding Summary
accordion-arrow

Hyundai Heavy Industries (HHI) is located at Ulsan. It accounts for over 15% of the entire DWT of vessels produced worldwide each year, making it the largest single shipbuilder in the world. Its enormous facility is located about one hour north of Busan.

Design facilities
HHI has invested heavily in R&D over the last 20 years. Each process including future-proof technologies carried out by HHI and KSOE (Korea Shipbuilding and Offshore Engineering, HHI Group's holding company), such as ship and ocean hydrodynamics, machinery and propeller design, has its own R&D division. These centres have extensive facilities including a 210m towing tank, a circulating water 
channel and a cavitation tunnel. HHI also has a structural testing rig, which is used to determine the strength and fatigue characteristics of large, complex ship structures.

Construction facilities
HHI’s massive facility covers over 7m sq m and embraces nearly every process required to build a ship. Ten dry-docks lie within its perimeter, including Number Three Dock with a capacity of 1m DWT. The large number of dry-docks means a wide variety of ship types and sizes can be accommodated. HHI’s capacity is currently estimated to be 85–100 vessels per year, though this will increase due 
to the development of new techniques for building vessels on land. In addition to the shipbuilding facilities, HHI has a large engine works, building all the engines fitted to HHI ships. As well as forging crank and propeller shafts, the company has extensive propeller manufacturing capabilities.

Why Lloyd's Register?
accordion-arrow

Independent shipyard insight, future-ready newbuild guidance and expert advisory support to help you make confident new construction decisions from planning to delivery.

New construction decisions shape the performance, compliance and commercial value of a vessel for decades. Lloyd’s Register helps owners, operators, charterers and project teams make those decisions with greater clarity, combining trusted classification expertise with practical newbuild advisory support. 

Through LR’s New Construction Guide, clients can access independent shipyard intelligence across North Asia, including China, Korea and Japan. The guide helps compare shipyard capabilities, facilities, track record, vessel specialisms and future-fuel readiness, supporting smarter shipyard selection and earlier project planning.

Beyond the guide, LR provides advisory support across the full newbuild lifecycle. From technical specification development and design review to regulatory impact assessments, alternative fuel studies, energy efficiency, carbon capture readiness, site support and operational preparation, LR helps clients reduce uncertainty before it becomes a cost, a delay, or a risk. 

With global technical authority, local shipyard knowledge and deep maritime expertise, Lloyd’s Register supports future-ready vessels from the earliest concept through to construction and delivery, helping clients build with confidence in an increasingly complex market.

Shipbuilding Details accordion-arrow
Tanker
Tanker

Up to 75,000 Panamax tanker
Up to 115,000 Aframax tanker
Up to 165,000 VLCC Suezmax tanker (Shuttle Tankers incl.) 

Capesize bulker (LNG-fuel)
Capesize bulker (LNG-fuel)

Up to 210,000

Containership
Containership

Up to 23,000 TEU (LNG-Fuel incl.)

 

FPSO/FSU
FPSO/FSU

Various

VLOC/VLEC
VLOC/VLEC

325,000 

Up to 98,000

PCTC
PCTC

6,700 / 8,000 units

Summary of tabbed selection to inform user

Type
Size
Capacity
Rating
Dry Dock No. 1 390m x 80m x 12.7m 500,000 DWT N/A
Dry Dock No.2 500m x 80m x 12.7m 700,000 DWT N/A
Dry dock No.3 640m x 92m x 13.4m 1,000,000 DWT N/A
Dry dock No.4 380m x 65m x 12.7m 400,000 DWT N/A
Dry dock No.5 380m x 65m x 12m 400,000 DWT N/A
Dry dock No.6 260m x 43m x 12m 150,000 DWT N/A
Dry Dock No.7 170m x 25m x 11m 15,000 DWT N/A
Dry dock No.8 460m x 70m x 12.7m 500,000 DWT N/A
Dry dock No.9 460m x 70m x 12.7m 500,000 DWT N/A
Ship lift 120m x 20m N/A N/A
Contact Details
accordion-arrow

HD Hyundai Heavy Industries Co., Ltd.

1, Jeonha-dong, Dong-gu, Ulsan

Web: www.hhi.co.kr