Samsung Heavy Industries
: 삼성중공업, Hanja
: 三星重工業) is the second-largest shipbuilder
in the world and one of the "Big Three" shipbuilders of South Korea. A core subsidiary of the Samsung Group
, South Korea's and the world's largest conglomerate
, SHI's main focus is on shipbuilding, offshore floaters, digital devices for ships, and construction and engineering concerns.
SHI operates manufacturing facilities at home and abroad, including ship block fabrication factories in Ningbo
. The Geoje Shipyard in particular, SHI's largest shipyard in South Korea, boasts the highest dock turnover rate in the world. The largest of the three docks, Dock No. 3, is 640 meters long, 97.5 meters wide, and 13 meters deep. Mostly ultra-large ships are built at this dock, having the world's highest production efficiency with yearly dock turnover rate of 10 and the launch of 30 ships per year.
SHI specializes in the building of high added-value and special purpose vessels, including LNG
carriers, off-shore related vessels, oil drilling ships, FPSO/FSO's, ultra Large container ships and Arctic shuttle tankers. In recent times SHI has concentrated on LNG tankers and drillships, for which it is the market leader.
Samsung Heavy Industries was established in 1974, when the company's Changwon plant was opened. SHI soon purchased Woojin, followed by the construction of Geoje shipbuilding facilities and merger... Read More