Samsung Heavy Industries is one of the top shipbuilding companies in the world. It is also among the top three shipbuilders in South Korea, the other two being Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering. The company’s main focus include the engineering, procurement, construction, commissioning and the delivery of: transportation ships for the commercial industry, topsides modules, drilling and floating production units for the oil and gas sector, gantry cranes for fabrication yards, digital instrumentation and control devices for ships, and other construction and engineering services.
The company has manufacturing facilities at home and abroad. Its prime facility is the Geoje Shipyard in South Korea. It holds the records as its largest shipyard in South Korea and the highest dock turnover rate in the world with a full complement of three docks. At this facility, Dock No. 3 holds the world’s highest production efficiency with yearly dock turnover rate of 10 and the launch of 30 ships per year. The company also runs a ship block fabrication factories in Ningbo and Rongcheng, China.
The core areas of specialization in shipbuilding include the following:
I. Tankers & Containerships
II. Shuttles Tankers
III. LNG Carriers & FSRU
V. Offshore Production Units & FPSO