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Shipbuilding and Ship Repair Market in South Korea

The shipbuilding and ship repair industry in South Korea is one of the largest and most advanced in the world. The country has a long history of shipbuilding, dating back to the early 20th century. Today, South Korea is home to some of the worlds largest shipyards, including Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and Samsung Heavy Industries.

Shipbuilding Market

The shipbuilding market in South Korea has been dominated by the three major shipyards mentioned above. These shipyards have been responsible for building some of the worlds largest and most complex vessels, including container ships, oil tankers, and LNG carriers. The industry has faced challenges in recent years due to a slowdown in global demand for new ships, but South Korean shipyards have continued to innovate and invest in new technologies to stay competitive.

Fun fact: South Korea is the worlds largest shipbuilder, accounting for around 40% of global shipbuilding orders.

Ship Repair Market

The ship repair market in South Korea is also significant, with many of the worlds largest shipping companies choosing to have their vessels repaired and maintained in the country. The ship repair industry in South Korea is known for its high-quality workmanship and advanced technologies, making it a popular choice for ship owners and operators.

Fun fact: South Korea is home to the worlds largest ship repair yard, operated by Hyundai Heavy Industries.

In conclusion, the shipbuilding and ship repair industry in South Korea is a vital part of the countrys economy and a major player in the global maritime industry. With its advanced technologies and skilled workforce, South Korea is well-positioned to continue leading the way in shipbuilding and ship repair for years to come.

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Shipyards for Repair

Rank Shipyard Name Country Max Length Max Width Max Depth Market Share(30 days) AIS Reviews SRI
1 HJ Shipbuilding & Construction Company, Ltd. South Korea 301.8 50.0 11.5 10.53% 9 No
2 Samkang S&C Co., Ltd. South Korea 430.0 84.0 24.0 2.90% 6 No
3 SUNGDONG SHIPBUILDING & MARINE ENGINEERING CO South Korea 320.0 67.0 23.0 4.89% 4 No
4 YEOSU OCEAN SHIPYARD South Korea 230.0 48.0 9.0 2.29% 4 No
5 ORIENT SHIPYARD CO.,LTD. BUSAN YARD South Korea 300.0 59.0 30.0 12.06% 20 Yes
6 Daebul Shipbuilding Co. Ltd. South Korea 140.0 27.0 3.51% 4 1 No
7 DONG SUNG ENGINEERING & SHIPREPAIR CO. South Korea 85.0 14.5 0.00% No
8 SAMKWANG Shipbuilding & Engineering South Korea 0.00% No

Shipyards for New Build

Rank Shipyard Name Country Max Length Max Width Max Depth AIS Reviews SRI
1 HJ Shipbuilding & Construction Company, Ltd. South Korea 301.8 50.0 11.5 9 No
2 Samkang S&C Co., Ltd. South Korea 430.0 84.0 24.0 6 No
3 Hyundai Mipo Dockyard (HMD) South Korea 380.0 76.0 12.5 4 No
3 Hanwha - Okpo Shipyard South Korea 530.0 131.0 26.8 11 No
5 SAMSUNG HEAVY INDUSTRIES CO LTD (GEOJE SHIPYARD) South Korea 640.0 131.0 6 No
5 SUNGDONG SHIPBUILDING & MARINE ENGINEERING CO South Korea 320.0 67.0 23.0 4 No
7 HYUNDAI HEAVY INDUSTRIES GUNSAN SHIPYARD South Korea 700.0 115.0 18.0 2 No
8 Hyundai Heavy Industries (HHI) Ulsan South Korea 11 No
9 Hyundai Samho Heavy Industries (HSHI) South Korea 594.0 104.0 24.0 4 No
10 SAMWOO HEAVY INDUSTRY CO., LTD. South Korea 1 No
11 DAEHAN (DH) SHIPBUILDING CO LTD South Korea 460.0 72.0 10.0 1 No
12 JINHAE SHIPYARD (K Shipbuilding) South Korea 385.0 74.0 11.0 1 No
13 DONG SUNG ENGINEERING & SHIPREPAIR CO. South Korea 85.0 14.5 No
13 GEOJE SHIPYARD South Korea No
15 Dae Sun Shipbuilding & Engineering South Korea 190.9 34.4 15.2 No
16 Hanwha Shipyard Gyeongnam South Korea No
16 SAMKWANG Shipbuilding & Engineering South Korea No
16 HSG Sungdong Shipbuilding & Marine Engineering South Korea No
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