HHI Gunsan Shipyard Fully Booked for its First Year

Thursday, April 03, 2008

 Hyundai Heavy Industries (HHI) Gunsan shipyard is already fully booked for its first year of operation. The shipyard has taken orders for 12 vessels, one year worth of work.HHI signed a contract to build two VLCCs at the Gusan shipyard. With this order, the shipyard has 12 vessels worth a combined $1.3 billion in its orderbook. The other ten ships are Large Bulk Carriers. HHI also confirmed an additional contract for two Large Bulk Carriers to be delivered in 2011. A contract signing ceremony will be held at the end of April of this year. The Gunsan shipyard has confirmed orders worth a total of $1.5 billion, 58% of its new-order target of 28 ships worth a combined $2.6 billion dollars.

 

 At the end of April of this year, the Gunsan shipyard plans to start construction of its shipyard at the same time that it begins building ships. This will mirror HHI’s history. In 1971 HHI had taken an order for two VLCCs before holding their groundbreaking in 1972, when the company began to build the shipyard and the ships at the same time.

The Gunsan shipyard will employ 6,500 and plans to deliver 12-14 ships annually, with a planned expansion to 20 ships in the near future. Its sales target is 2 trillion Won.

 The shipyard will be equipped with a one million dwt dry dock and a 1,600-ton gantry crane at its 2.32 million square meter yard. The construction of the advanced and most efficient shipyard will be completed in July of 2009.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

ClassNK Approves Fillet Welding Consumable

Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to

Damen Lays Keel for Indonesian Naval Frigate

In accordance with the agreed planning in the contract for the construction of a Damen SIGMA Frigate for the Indonesian Navy, the keel laying ceremony has taken place on April 16,

Offshore Service Vessels Design Innovation

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market.

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1040 sec (10 req/sec)