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HD Hyundai is world's first shipbuilder to deliver 5,000 ships
Prnewswire· 2025-11-20 08:43
Core Insights - HD Hyundai has achieved a significant milestone by becoming the world's first shipbuilder to deliver 5,000 ships, marking 50 years since its first vessel delivery in 1974 [1][9]. Company Achievements - The 5,000th vessel delivered is the 'Diego Silang', a 118.4-meter long offshore patrol vessel for the Philippine Navy, which was launched in March and delivered in October [3][4]. - Since its inception, HD Hyundai has delivered vessels to over 700 shipowners across 68 countries, showcasing its global reach and influence in the maritime industry [4][8]. - The company’s three subsidiaries have collectively delivered 144 vessels in 2024, including various types such as container ships and LNG carriers [7]. Historical Context - HD Hyundai's first vessel was the 260,000-ton Very Large Crude Oil Carrier 'Atlantic Baron', delivered in June 1974 [2][4]. - The combined length of the 5,000 ships is approximately 1,250 kilometers, surpassing the distance from Seoul to Tokyo [6]. Future Outlook - Chairman Chung Kisun emphasized the importance of this milestone for Korea's shipbuilding industry and expressed confidence in achieving the next 5,000 vessels in the coming years [7][8].
"From a 1974 Oil Tanker to a 2025 Philippine Patrol Vessel": HD Hyundai Achieves World's First Delivery of 5,000 Ships
Prnewswire· 2025-11-19 07:28
Core Points - HD Hyundai has achieved a significant milestone by delivering its 5,000th ship, marking 50 years since its first vessel delivery in 1974 [1][8] - The 5,000th vessel, named Diego Silang, is an offshore patrol vessel for the Philippine Navy, showcasing advanced specifications [3][4] - The company has delivered vessels to over 700 shipowners across 68 countries, highlighting its global reach and influence in the shipbuilding industry [4][8] Company Achievements - HD Hyundai Heavy Industries has delivered a total of 2,631 vessels, while its subsidiaries, HD Hyundai Mipo and HD Hyundai Samho, have delivered 1,570 and 799 vessels respectively [5] - The combined length of the 5,000 ships is approximately 1,250 kilometers, surpassing the distance from Seoul to Tokyo [6] - In 2024, HD Hyundai's subsidiaries delivered a total of 144 vessels, including various types such as container ships and LNG carriers [7] Industry Impact - Chairman Chung Kisun emphasized that the milestone represents pride for Korea's shipbuilding industry and reflects a history of innovation [7][8] - The achievement of delivering 5,000 ships is noted as unmatched by European or Japanese shipbuilders, despite their longer histories [5] - The company is focused on future growth, aiming to build the next 5,000 vessels over the coming decades [7]