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SHIPBUILDING DIVISION

ALWAYS MOVING FORWARD

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TABLE OF CONTENTS

1

Introduction Opening a new era Pursuing challenges constantly Aiming for excellence Growing with society Creating value

16 Long tradition of firsts Corporate profile Corporate history Vision & strategy

23 Business overview Shipyards -

Subic shipyard

-

Yeongdo shipyard

-

Yuldo factory / Ulsan factory / Dadaepo factory

Major products -

Products list

-

Container Carriers

-

Gas Carriers

-

Tankers

-

Bulk Carriers

-

Special Purpose Ships

-

Naval Ships

-

Offshore Patrol / Salvage Vessels

how are we leading change?

50 Technology Research & development Prodution technologies

54 Respect and sharing Social contribution

56 Group overview 58 Global network

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TIMELINE OF FIRSTS THAT OPENED NEW CHAPTERS IN SHIPBUILDING

1938 Built Korea’s first steel ship 1969 Built Korea’s first ship for export 1972 Built Korea’s first patrol ship and large vessel 1974 Built Korea’s first 30,000 ton large vessel for export

a new era

1977 Built Korea’s first oil prospecting ship and ro-ro carrier 1984 Built Korea’s first reefer vessel, Asia’s first hovercraft

REACHING NEW HEIGHTS WITH HISTORIC FIRSTS Walking the untrodden path or starting something never before attempted is clearly not an easy task. But opting for the “road less traveled” and never giving up against all odds have allowed us to achieve many “firsts.” We still have many roads to explore and many dreams to attain. Our efforts to expand our horizons and open a new era continue today as we aim to create more firsts and attain true excellence.

1995 Built Asia’s first membranetype LNG carrier 1996 Built the world’s fastest 5,000TEU container ship 1998 Built Korea’s first cable-laying ship 2004 Developed the world’s first underwater welding DAM construction method 2007 Signed agreement for the world’s largest 12,800TEU container ship

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INNOVATIVE SPEED MANAGEMENT TRANSLATING INTO REAL RESULTS

18 months Subic Shipyard : Completed first phase construction in 18 months

9 times Underwater stern mounting method : Number of stern-area mountings is reduced from 14 to 5

80% LOL (Lifting Off Launch) : Cuts the launch period of a vessel by 80%

10-fold Vertical automatic welding method : Cuts welding time by 10 times

RESHAPING THE WAY WE THINK We overcame spatial constraints by using dams to build ships that are larger than dock size, skid system to shorten the dock working period, and underwater stern mounting method to surmount time limits. We built a massive shelter on the dock at Subic Shipyard to continue work even in frequent rains. Our advanced technology, unrivalled passion and challenging spirit powered us to turn crises into new opportunities, and transform constraints into a springboard to a new beginning.

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CERTIFICATION Jul. 1954

Acquired Korea’s first Lloyd’s Register certification

Feb. 1984 Acquired world’s first DVN (Det Norske Veritas) certification in hull and painting Nov. 1993 Acquired ISO 9001:2000, KS A 9001:2000 certification in all areas of shipbuilding from DNV

PURSUING THE WORLD’S HIGHEST QUALITY SHIPS Since our founding, our objective has been to produce ships of the highest quality. Backed by our 70-year tradition and craftsmanship, we practice meticulous quality control across all facets of operation and implement rigorous quality innovation activities. Our superior quality has been recognized by prominent global certification agencies. With an unwavering commitment to excellence, HHIC is upholding its reputation as a builder of world class ships.

Feb. 2002 Acquired patent from Korean Intellectual Property Office for SKID system (Patent No. 0328309) Jun. 2002 Acquired certification from Korea’s Defense Quality Assurance Agency Sep. 2005 Acquired patent from Korean Intellectual Property Office for iProCon (Integrated Production Control System) for shipbuilding (Patent No. 0516752) Apr. 2008 Acquired international certification for Subic Shipyard from DNV

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BUILDING TRUST THROUGH CONSTANT DEDICATION Gaining the trust and respect of customers and other stakeholders is a more difficult task than landing more orders or developing advanced technologies and shipbuilding methods. We lend support to allow all our employees to realize their full potential and carry out a wide range of social contribution activities for the betterment of global communities. Led by our unyielding dedication, we are moving ever closer to becoming a global enterprise admired and trusted by all stakeholders around the world.

growing

MAJOR SOCIAL CONTRIBUTION ACTIVITIES

- Construction and donation of welfare facilities for the disabled - Company event for the disabled - Employee volunteer activities - One employee-one account sharing campaign - Transportation of training equipment donated by HHIC to the Philippines - Support for education, culture, arts and overseas volunteering

with society

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CREATING NEW VALUE BY THINKING OUT OF THE BOX Most people said it was an impossible task given the adverse climate, weak infrastructure, and insufficient pool of engineers and technicians. However, we had faith that we would succeed. Thanks to our creativity to think out of the box, insight to look into the future and strong execution ability, we are successfully operating an international-size shipyard in Subic Bay of the Philippines which we completed ahead of schedule. We will continue to write more success stories with bold ideas and new value creation.

big 10 15

think

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We are leading change with enduring passion and constant innovation

TIMELINE OF SUBIC SHIPYARD, THE CULMINATION OF MANAGEMENT FOR CREATION

Feb. Dec.

Mar. May.

Dec.

Apr.

May. July. Sept. Dec.

2006 Established Philippines subsidiary (HHIC-Phil Inc.) Signed agreement for two 114K C.O.T., twelve container ships

2007 Began production Signed agreement for orders of eight 12,800 TEU container ships, three bulk carriers, ten 3,600 TEU container ships Completion of Subic Shipyard Phase 1

2008 Signed agreement for three 175K bulk carriers and five 180K bulk carriers Trial run of the first vessel out of Subic Shipyard Christening and delivery of first vessel out of Subic Shipyard Signed agreement for two 320K C.O.T. (VLCC) Completion of Subic Shipyard Phase 2

We have continued to lead change. We have achieved many “firsts� with our pioneering spirit and took on bold challenges to overcome spatial and time constraints. We also have a strong commitment to promoting sustainable growth of our clients, shareholders, employees and communities. Our creative mindset and swift execution empowers us to create new value. Through endless innovation, we have continued to grow and spearhead change in the shipbuilding industry. Our unwavering passion for change is the force behind our growth into a world class shipbuilder and a respected global enterprise. It also empowers us to promote the prosperity of all our stakeholders. Our commitment to driving change will persist, and change will push us forward towards a wider world and brighter future.

12 13 Subic Shipyard in the Philippines

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CORPORATE PROFILE CORPORATE PROFILE

Builder of world leading ships

LONG TRADITION OF FIRSTS

Founded in 1937 as the first steel ship builder in Korea, Hanjin Heavy Industries and Construction (HHIC) has spearheaded advances in the shipbuilding industry and contributed to shaping Korea into the world’s foremost power in shipbuilding. With a focus on super large container ships,

Based on our global production system, we will reinforce our ability to build high value-added vessels and develop innovative techniques and building methods to emerge as a global technology leader. We are making the transition from “Korea’s starting point for shipbuilding” to the “center of the global shipbuilding industry.”

LNG carriers and large transportation ships, HHIC produces and supplies a wide range of vessels, from tankers to bulk carriers and special vessels, to prominent clients around the world.

Following construction of a large scale shipyard in Subic Bay Freeport Zone in the Philippines which began operating from 2007, we have secured an efficient global production system. In Korea, we operate the Yeongdo Shipyard which is supported by our plants in Yuldo, Ulsan and Dadaepo.

HHIC is now preparing for a new tomorrow. We are making the transition from “Korea’s starting point for shipbuilding” to the “center of the global shipbuilding industry.” Harnessing our global production network, we will construct high value-added container ships and LNG carriers while building up a strong presence in areas such as VLCC, offshore plants, and FPSO. We will also develop new and innovative technologies required for high value-added, high-tech vessels to secure global competitiveness. We will develop new and innovative shipbuilding techniques required for cutting-edge, high value-added ships to emerge as a global technology leader.

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CORPORATE HISTORY

The founding of Korea’s first shipbuilding company in July

1937-1950

1937, a time when both capital and technology were lack-

CORPORATE HISTORY

THE BEGINNING

ing, sowed the seeds of aspiration to foster a shipbuilding

STARTING POINT OF KOREA’S

powerhouse. However, in just one year since establishment,

SHIPBUILDING INDUSTRY

the company constructed two 3,000-ton building berths and one 6,000-ton dock, laying the framework for a shipyard that can build steel ships. In November 1938, Chosun Heavy succeeded in manufacturing Korea’s first steel cargo ship (390-ton).

A journey in creativity that has led Korea’s shipbuilding industry

In the 1960s, we expanded our production facilities to se-

1951-1970

cure annual shipbuilding capacity of 66,000 tons, with the

EARLY PHASE

ability to build vessels weighing up to 12,000 tons. As for

The history of Hanjin Heavy Industries & Construction (HHIC) is synony-

FACILITY EXPANSION AND KOREA’S

our annual repair capacity, we could handle up to 30 ships,

mous with the history of Korea’s shipbuilding industry. The 70-year journey

FIRST SHIP EXPORT

with the maximum ship size being 20,000 tons.

in creativity has been full of challenges and achievements as we spearheaded advances in the global shipbuilding industry. Now, we look forward to writing a new chapter in innovation.

July 10, 1937 - Founded as Korea’s first

18 19

Nov. 1938

Dec. 1969

Aug. 1966

- Built Korea’s first steel cargo ship

- First in Korea to acquire international

- Built Korea’s first ships for export

shipbuilding company

Completed two 390-ton steel cargo

certification for ships

Exported twenty 250-ton steel fishing

Signaled the start of the modern shipyard

ships and ushered in the era of steel ship

The 1,600-ton cargo ships Shinyang and

vessels to Taiwan

with businesses spanning the entire

construction in Korea

Deokcheon received certification from

spectrum of heavy industries from ship

the American Bureau of Shipping (ABS)

construction and repair to machine tool and steel structure production

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In the 1970s, we expanded Dock 2 from a 12,000-ton fa-

We are building a 2.3 million square meter shipyard boast-

cility to a 60,000-ton dock; newly built a hull shop, oxygen

2006-

GROWTH PHASE

plant, and large assembly yard; and lengthened quay wall 2.

TAKE-OFF PHASE

Zone. By linking the shipyard with our R&D center in Busan,

RAPID GROWTH THROUGH

Our long record of firsts brought us recognition for our su-

A LEAP TOWARDS BECOMING A

we plan to concentrate on developing new technologies and

CONSTRUCTION OF

perior technology; we built Korea’s first oil prospecting ship

WORLD LEADING

ship designs as we make the transition from “Korea’s start-

LARGE VESSELS

in 1977, Korea’s first chemical tanker in 1978, the world’s

SHIPBUILDER

ing point for shipbuilding” to the “center of the global ship-

1971-1989

ing advanced facilities in the Philippines’ Subic Bay Freeport

first 37,000-ton multipurpose cargo carrier in 1983, and the

building industry.”

first Asian hovercraft in 1984.

From building Asia s first membrane-type LNG carrier, to the

1990-2005

world s fastest container ship, submarine cable-laying ship,

DEVELOPMENT PHASE

8,000-ton container carriers, LNG carriers which represent

A LEADER IN BUILDING HIGH-

the best in shipbuilding technology, development of WIG

VALUE ADDED SHIPS

ship, RO-PAX ship, super large container ship, and the latest cruise boats, we have been challenging ourselves with high value added ships and accordingly, solidified our position as a shipbuilding powerhouse.

Sept. 1995 - Built Asia’s first membrane type LNG carrier Featuring basic requirements of an

20 21

Mar. 1996 - Built Korea’s largest, 5,000 TEU container ship

1999

2004

- Development of SKID system

Dec. 2007

- Development of DAM construction method

A system representing a shift toward

A system of building ships larger than the

LNG carrier and a fully automated system

GPE (grand pre-erection) blocks

dock by fabricating blocks on

for the main propulsion engine to produce

to significantly reduce work time on the dry

land and using a dam (a structure

the safest and advanced ships

dock

to contain water) to enable underwater welding of floating vessels

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- Completed Subic Shipyard Phase 1

Jul. 2008 - Delivery of Argolikos, the first vessel made at Subic Shipyard

Dec. 2008 - Completed Subic Shipyard Phase 2


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VISION & STRATEGY VISION & STRATEGY

Towards a global engineering and shipbuilding company While responding flexibly to changes in domestic and international business environments, we plan to make investments in stages to focus on high value-added ships such as the LNG carrier and VLCC while pursuing projects in areas such as FPSO and offshore plants. Such pursuits will contribute to generating synergies with our existing businesses. Through the development of new technologies and innovative processes demanded by today’s high-tech, high value-added ships, combined with an effective global production system, we will continue shoring up our global competitiveness. By realizing our mid to long-term development strategy, HHIC will be reborn as a world-leading engineering and shipbuilding company with superior technology.

A GLOBAL PRODUCTION BASE LINKING KOREA AND THE PHILIPPINES BUILDING INTERNATIONALLY RECOGNIZED, WORLD-CLASS SHIPS

BUSINESS OVERVIEW

SHIPYARDS -

SUBIC SHIPYARD

-

YEONGDO SHIPYARD

-

YULDO FACTORY / ULSAN FACTORY / DADAEPO FACTORY

MAJOR PRODUCTS

22 23

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-

CONTAINER CARRIERS

-

GAS CARRIERS

-

TANKERS

-

BULK CARRIERS

-

SPECIAL PURPOSE SHIPS

-

NAVAL SHIPS

-

OFFSHORE PATROL / SALVAGE VESSELS


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Shipyards STARTING POINT OF KOREA’S SHIPBUILDING - SUBIC SHIPYARD

INDUSTRY REINVENTING ITSELF AS THE CENTER OF

- YEONGDO SHIPYARD - YULDO FACTORY /

GLOBAL SHIPBUILDING

ULSAN FACTORY / DADAEPO FACTORY

24 25

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BUILDING A GLOBAL PRODUCTION SYSTEM THROUGH RELIABLE SUPPORT SYSTEM AND LOCALIZATION

One of the world’s ten largest shipyards, the Subic Shipyard is fully equipped with cutting-edge production facili-

- Located in Subic Bay Freeport Zone which is 110 kilometers northwest of Manila

ties including large docks and goliath cranes required to build high value-added ships. The shipyard will play a vital role as the key production base for super large container ships (12,800 TEU plus), mid to large container carriers

- Employs about 100,000 people serving in the shipbuilding sector

SUBIC SHIPYARD (in the Philippines) DIMENSIONS (L x B x D) (m)

MAX. CAPACITY (DWT)

CRANES

NO. 5

Dry Docks

370 x 100 x 12.5

220.000

600T x 2, 60T x 2

NO. 6

550 x 135 x 13.5

450,000

600T x 2, 60T x 2

- Boasts an edge as a new

(4,000 TEU plus), tankers, bulk carriers, FPSO and offshore plants.

shipbuilding base, creates synergy with plant

MAJOR FACILITY & EQUIPMENT FACILITY

SIZE

EQUIPMENT

and construction businesses Steel stock yard

- Adopted shelter technology which uses

26 0 2 07 2 3

27,600m2 20ton O/H Crane x 10, 30ton BTC x 1, 5ton O/H Crane x 10

Hull shop

81,035m2

Cutting Machine x 36, Bending Roll 9, Crane x 52

a crane to build an “interior”

Assembly shop

91,302m2

Panel Automatic Line x 2, Crane x 63

on the dock to maximize facility efficiency

Blasting/painting shop

49,035m2

21 Painting Shops (46.7m x 50m)

and shorten building time

Outfitting shop

23,750m2

19 Outfitting Shops

202,860m2

600ton G/C x 4, 60ton J/C x 4

3,620m2

60ton J/C x 9

P.E shop, D-dock Outfitting Quay

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THE EPICENTER OF KOREA’S PROUD 70-YEAR SHIPBUILDING HISTORY AND THE TREASURE TROVE OF CUTTING EDGE SHIPBUILDING TECHNOLOGY

YEONGDO SHIPYARD The Yeongdo Shipyard is the birthplace of cutting-edge shipbuilding technology. It transformed the global ship-

- Korea’s first modern shipyard and the birthplace of cutting-edge technology

building landscape and came to represent the best in Korean shipbuilding. The variety of special purpose vessels and high value added ships manufactured at Yeongdo will continue to offer the best possible service as they navi-

- Competitive advantage stemming from accumulated technology and know-how - Capacity to build 1,000 vessels including

gate across the seven seas.

YEONGDO SHIPYARD (in Korea) Dry Docks NO. 2

DIMENSIONS (L x B x D) (m)

MAX. CAPACITY (DWT)

CRANES

232.5 x 35 x 9.0

60,000

80, 40, 20T

NO. 3

301.8 x 50 x 11.5

150,000

100T x 4

NO. 4

301.8 x 50 x 11.5

150,000

100T x 4

high value-added ships such as Berths

DIMENSIONS (L x B x D) (m)

MAX. CAPACITY (DWT)

CRANES

NO. 1

170.0 x 24.0

25,000

40, 40, 20T 40, 20T

diving support vessels and arctic expedition ice breakers - Use of a 3,000-ton crane to erect fewer parts at the dock, resulting 28 29

in shorter construction time, higher quality and safe production method

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NO. 2

115.1 x 12.8

6,000

NO. 3

60.5 x 24.2

800 x 2

20T

NO. 4

60.5 x 24.2

800 x 2

20T


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ASSETS ENHANCING HHIC’S SHIPBUILDING COMPETENCY

YULDO FACTORY, ULSAN FACTORY, DADAEPO FACTORY Yuldo factory

Ulsan factory

Dadaepo factory

Producing block and hatch cover and dock gate, Yuldo fac-

Maintaining a close link with Yeongdo Shipyard, the Ulsan

With the capacity to construct 50,000 tons of shipbuilding

tory plays a major role in supporting operations at Yeongdo

factory is equipped with E/R block construction facilities.

blocks annually, Dadaepo factory meets all of the deck house

Shipyard. Utilizing its know-how from making steel bridges, it

Harnessing its technological prowess, the plant works for

needs of Yeongdo Shipyard. The plant is capable of assembly,

builds and transports GPE blocks by installing a pier on ships

timely production and delivery of high quality blocks for ship-

mounting and painting of the deck house. Its focus is on build-

and using barges. It has an annual production capacity of

building. It aims to raise its annual capacity from the current

ing pre-erection blocks requiring high degrees of expertise.

175,000 tons.

47,000 tons to 100,000 tons by 2010 and become a leading producer of engine room blocks.

YULDO FACTORY (in Korea) 30 31

ULSAN FACTORY (in Korea)

ARTICLES MA NUFACTURED

PRODUCTION CAPACITY

AREA

Block Assembly for shipbuilding

175,000 ton/year

495,000m2

GPE/Hatch Cover/Dock Gate

ARTICLES MANUFACTURED Block Assembly for shipbuilding E/R Block, GPE

AREA

47,000 ton/year

248,000m2

ARTICLES MANUFACTURED Block Assembly for shipbuilding GPE/Deck House

Medium/Large Steel Structures

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DADAEPO FACTORY (in Korea) PRODUCTION CAPACITY

16

PRODUCTION CAPACITY

AREA

50,000 ton/year

178,000m2


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Major products OUR SHIPS HAVE BEEN RECOGNIZED FOR THEIR EXCELLENCE BY INTERNATIONAL SHIPPING PUBLICATIONS EVERY YEAR

- CONTAINER CARRIERS - GAS CARRIERS - TANKERS - BULK CARRIERS - SPECIAL PURPOSE SHIPS - NAVAL SHIPS - OFFSHORE PATROL / SALVAGE VESSELS

32 33

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PR PRODUCTS LIST LIS Container Carriers Container Carriers Conta -

Co Container Carrier

-

Mu Multi-purpose Container Carrier

Gas Carriers

-

LN LNG Carrier

-

LP LPG Carrier

Special Purpose Ships

Naval Ships

12,800 TEU

LNG Carrier

Bulk Carrier

Ice Breaking

LPH

T.B.N. (to be named)

153,000 m3

DWT 180,000 MT

Research Vessel

(Landing

STX KOLT

T.B.N. (to be named)

8,100 TEU Gas Ca Carriers

Bulk Carriers

Bulk Carrier

Diving Support

PKG

138,000 m

DWT 135,000 MT

Vessel

(Patrol Killer Guided

HANJIN MUSCAT

HANJIN ROBERTS

LNG Carrier 3

MSC MAEVA

Platform Helicopter)

missile)

BANK Tankers Tanker -

VL VLCC

-

Cr Crude Oil Tanker

-

Ch Chemical Tanker

-

Pro Product Tanker

6,500 TEU

LNG Carrier

Ro-Ro Vessel

CMA CGM

138,000 m3

ADA GORTHON

DEBUSSY

HANJIN SUR

6,200 TEU

LNG Carrier

Cable Ship

LSF-II (Hovercraft)

Reefer Vessel

Fishery Research

LST

SPRING DELIGHT

Vessel

(Landing Ship Tank)

LNG Carrier

Log Carrier

Hydrographic

Frigate

130,637 m3

OSA GRANDE

Vessel

Water Tractor

Bulk C Carriers

MAERSK

138,000 m

-

Bu Bulk Carrier

KOWLOON

HANJIN

-

Ro Ro-Ro Vessel

-

Re Reefer Vessel

-

Lo Log Carrier

5,600 TEU

-

Wo Woodchip Carrier

HANJIN

-

Co Combined Carrier

BRUSSELS

HANJIN

-

Ce Cement Carrier

3

RAS LAFFAN

PYEONGTAEK

Special Purpose Ships Specia

5,100 TEU

LPG Carrier

Woodchip Carrier

-

Ice Breaking Research Vessel

COSCO

4,000 m3

KEOYANG NOBLE

-

Div Diving Support Vessel

NEWYORK

ULSAN GAS

-

Cable Ship Ca

-

Fishery Research Vessel Fis

-

Hy Hydrographic Vessel

-

Wa Water Tractor

-

Dr Dredger

-

Drilling Rig Dr

4,300 TEU

Combined Carrier

ARGOLIKOS

PROBO BANGOR

Dredger

Offshore Patrol / Salvage Vessels Offshore Patrol

Tankers

Vessel

4,000 TEU

VLCC

Cement Carrier

HANJIN OSAKA

DWT 320,000 MT

GOLIATH

Drilling Rig

Naval Ships

3,000 TON Class

T.B.N. (to be named)

Offshore Patrol Offsho

Salvage Vessel

/ Salva Salvage Vessels

34 35

3,400 TEU

Crude Oil Tanker

CMA CGM

DWT 114,000 MT

1,500 TON Class

EXCELLENCE

DUBAI PRINCESS

Salvage Vessel

2,700 TEU

Chemical Tanker

HANJIN

DWT 45,000 MT

1,000 TON Class

SINGAPORE

QUDS

Salvage Vessel

Multi-purpose

Product Tanker

Container Carrier

DWT 35,000 MT

ANDROMACHE

UMM AL LULU

500 TON Class Salvage Vessel

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CONTAINER CARRIERS

Starting with 2,700 TEU ships in 1990, HHIC has so far built 200 container carriers. In the process, we built up Start

GAS CARRIERS TANKERS

the confidence c and technology of a world leader in the sector. We set diverse standards in ship sizes, including the

BULK CARRIERS

3,400 TEU, 6,200 TEU, and 8,100 TEU, and secured Korea’s first order for a 12,800 TEU super large container 3,40

SPECIAL PURPOSE SHIPS

ship. With our accumulated capabilities, we are dedicated to building the best performing and best quality contain-

OFFSHORE PATROL

NAVAL SHIPS

/ SALVAGE VESSELS

er ships sh in the world.

MSC MAEVA 8,100 TEU Container Carrier L x B x D x D(m): 325.00 x 42.80 x 24.60 24.6 x 13.00

MAJOR PRODUCTS

CONTAINER CARRIERS WORLD-LEADING CONFIDENCE AND TECHNOLOGY

To be named 12,800 TEU Container Carrier L x B x D x D(m): 365.60 x 48.40 x 29.80 x 13.00

MAERSK KOWLOON 6,200 TEU Container Carrier 21.6 x 12.00 L x B x D x D(m): 294.10 x 32.20 x 21.60

COSCO NEWYORK 5,100 TEU Container Carrier L x B x D x D(m): 294.10 x 32.20 x 21.60 21.6 x 12.00

36 37

ARGOLIKOS 4,300 TEU Container Carrier L x B x D x D(m): 259.80 x 32.20 0 x 19.3 19.30 x 11.00

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CONTAINER CARRIERS

Our fforay into gas carriers began in 1988 with the LPG carrier “Ulsan Gas.” Then in 1995, we built Asia’s first

GAS CARRIERS TANKERS

membrane-type LNG carrier, “Hanjin Pyeongtaek.” That was followed by construction of the LNG carriers “Hanjin mem

BULK CARRIERS

Muscat”, Musc “Hanjin Sur”, and “Hanjin Ras Laffan”. Continued R&D investments led to the development of a new type

SPECIAL PURPOSE SHIPS

of LN LNG carrier and we restarted building LNG carriers in 2006. By linking up with Subic Shipyard, we are pursuing

OFFSHORE PATROL

NAVAL SHIPS

/ SALVAGE VESSELS

a glo global strategy for our LNG carrier business.

HANJIN MUSCAT 138,000m3 LNG Carrier L x B x D x D(m): 280.00 x 43.00 x 26.20 x 11.30

MAJOR PRODUCTS

GAS CARRIERS WORLD-LEADING CONFIDENCE AND TECHNOLOGY

STX KOLT 153,000m3 LNG Carrier L x B x D x D(m): 288.00 x 44.00 x 26.20 x 11.50

HANJIN SUR 138,000m3 LNG Carrier L x B x D x D(m): 280.00 x 43.00 x 26.20 x 11.30

HANJIN PYEONGTAEK 130,637m3 LNG Carrier L x B x D x D(m): 268.00 x 43.00 x 27.00 x 11.00

38 39

ULSAN GAS 4,000m3 LPG Carrier L x B x D x D(m): 108.00 x 16.10 x 8.00 x 5.00

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CONTAINER CARRIERS

We e established an early lead in the domestic tanker market by building the country’s first oil carrier in 1974 and

GAS CARRIERS TANKERS

the fifirst chemical tanker in 1978, Since then, we continued to build up a portfolio of diverse tankers. In 2000, our

BULK CARRIERS SPECIAL PURPOSE SHIPS

chemical chem tanker was selected as the best ship in the world. Our profile in the global tanker market keeps rising, cul-

NAVAL SHIPS OFFSHORE PATROL

minating minat in an order to build a 320,000 ton VLCC in 2008.

/ SALVAGE VESSELS

DUBAI PRINCESS DWT 114,000 MT Crude Oil Tanker L x B x D x D(m): 250.00 x 44.00 x 21.40 x 13.60

MAJOR PRODUCTS

TANKERS

FROM KOREA’S BEST TO WORLD BEST

To be named DWT 320,000 MT VLCC L x B x D x D(m): 333.00 x 60.00 x 30.50 x 21.00

QUDS DWT 45,000 0 MT Chemical Tanke T Tanker er L x B x D x D(m): 183.20 x 32.20 x 18.90 18.9 x 10.97

STOLT YOSU DWT 37,000 MT Chemical Tanker L x B x D x D(m): 176.80 x 29.60 x 15.15 x 11.56

40 41

UMM AL LULU DWT 35,000 MT Product Tanker L x B x D x D(m): 190.00 x 30.00 x 16.50 x10.00

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CONTAINER CARR CARRIERS RIERS

HHIC pioneered bulk carrier building in Korea with the country’s first bulk carrier in 1972. Backed by our long tradi-

GAS CARRIERS CARR RIERS T TAN TANKERS KERS

tion and a credibility, we continue to build bulk carriers that best meet the demands of global customers. By maximiz-

BULK CARR CARRIERS RIERS SPECIAL PURPOSE SHIPS S

created by Yeongdo Shipyard and Subic Shipyard, we are focusing on building very large bulk carriing synergies s

NAVAL SHIPS S OFFSHORE PATROL PATROL PA

We recently landed a large order for 180,000 ton capesize vessels. ers. W

/ SALVAGE VESSELS VES SSELS

OBERTS BANK HANJIN ROBERTS 00 MT Bulk Carrier DWT 135,000 L x B x D x D(m): 267.00 x 43.00 x 23.10 x 16.00

MAJOR PRODUCTS

BULK CARRIERS

PIONEER IN THE ERA OF BULK CARRIERS

To be named DWT 180,000 MT Bulk Carrier L x B x D x D(m): 292.00 x 45.00 x 24.75 x 16.50

KEOYANG NOBLE DWT 48,000 0 MT Woodchip Carrier Carrier L x B x D x D(m): 222.00 x 32.20 x 22.70 22.7 x 10.70

YONG AN 4 DWT 43,500 0 MT Bulk Carrier L x B x D x D(m): 190.00 x 30.50 0 x 16.60 16.6 x 10.70

42 43

GOLIATH DWT 15,700 0 MT Cement Carrier L x B x D x D(m): 134.00 x 23.50 0 x 11.90 11.9 x 8.30

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CONTAINER CARRIERS

HHIC has managed to lead new trends in the global shipbuilding market through constant R&D into new types

GAS CARRIERS TANKERS

HHIC has demonstrated its technological prowess with various firsts in Korea. These include the nation’s of ships. sh

BULK CARRIERS

cable layer ship that lays and repairs submarine optic cables, drilling rig that drills for oil in the oceans, ice first c

SPECIAL PURPOSE SHIPS

breaker that paves a path by breaking through ice, and diving support vessel to facilitate the work of divers. Going break

OFFSHORE PATROL

NAVAL SHIPS

/ SALVAGE VESSELS

forward, we plan to expand into more diverse areas such as FPSO, offshore facilities and plants to maximize the forwa synergies between Yeongdo and Subic shipyards. syner

po ort Vessel Diving Support L x B x D x D(m): 115.40 x 22.00 x 9.00 x 7.15

MAJOR PRODUCTS

SPECIAL PURPOSE SHIPS SPEARHEADING GLOBAL MARKET TRENDS

Ice Breaking Research Vessel L x B x D x D(m): 95.00 x 19.00 x 9.90 x 6.80 Cable Ship L x B x D x D(m): 142.50 x 21.00 x 12.90 12.9 x 7.40

Fishery Research search Vessel L x B x D x D(m): 90.30 x 14.00 x 7.70 x 5.10

44 45

Hydrographic hic Vessel L x B x D x D(m): 89.20 x 14.00 x 7.70 x 5.00 HANJIN HEAVY INDUSTRIES & CONSTRUCTION

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CONTAINER CARR CARRIERS RIERS

From Korea’s first patrol boat “Haksaeng” in 1972 to high-speed vessels, patrol combat corvettes, convoy ships,

GAS CARRIERS CARR RIERS T TAN TANKERS KERS

landing ships and submarines, HHIC has built a wide range of vessels for the Korean navy. The company has also landi

BULK CARRIERS CARR RIERS

expo exported naval combat and support ships to the middle east, Asia and South America. That was followed by the de-

SPECIAL PURPOSE SHIPS S

velopment velop of various naval ships. Based on our unique technology, we also constructed and delivered hovercrafts

OFFSHORE PATROL PATROL PA

NAVAL SHIPS S

/ SALVAGE VESSELS VES SSELS

(air c cushion vehicles), high-speed craft and the large transportation ship, “Dokdo”. These efforts have contributed to strengthening Korea’s naval capabilities. stren

PKG (Patrol Killer Guided missile missile) e) L x B x D x D(m): 63.00 x 9.10 x 5.00 x 2.50 2

MAJOR PRODUCTS

NAVAL SHIPS

UNIQUE TECHNOLOGY AND EXPERIENCE TO BUILD NAVAL COMBAT AND SUPPORT SHIPS

LPH (Landing Platform Helicopter) L x B x D x D(m): 199.40 x 31.00 x 20.00 x 6.60 LSF-II (Hovercraft) ercraft) L x B x D(m):: 26.80 x 14.30 x 7.50 7.5 0

LST (Landing g Ship Tank) T L x B x D x D(m): 112.50 x 15.40 0 x 8.50 x 3.20

46 47

Frigate L x B x D x D(m): 102.00 x 11.50 x 6.60 x 3.40 HANJIN HEAVY INDUSTRIES & CONSTRUCTION

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RIERS CONTAINER CARR CARRIERS

HHIC has built and delivered guard and rescue ships to the Korea Coast Guard which are keeping watch over the

CARR RIERS GAS CARRIERS T TAN TANKERS KERS

waters off the Korean shores and exclusive economic zones. Recognized for their superior functionality and perforwate

BULK CARRIERS CARR RIERS SPECIAL PURPOSE SHIPS S

mance, these ships are also mobilized to rescue people and prevent pollution in times of marine disaster. manc

NAVAL SHIPS S OFFSHORE PATROL PATROL PA / SALVAGE VESSELS VES SSELS

Offshore Patrol Vessel L x B x D x D(m): 101.90 x 11.50 0 x 6.00 x 3.50

MAJOR PRODUCTS

OFFSHORE PATROL / SALVAGE VESSELS

STABILITY AND MOBILITY TO SUPPORT MARINE PATROL AND OTHER ACTIVITIES

3,000 TON Class Salvage Vessel L x B x D x D(m): 110.50 x 15.40 x 7.70 x 4.86 1,500 TON Class Salvage Vess Vessel sel L x B x D x D(m): 98.10 x 14.00 x 6.80 x 4.30

1,000 TON Class Salvage Vess Vessel sel L x B x D x D(m): 91.00 x 11.80 x 5.50 x 3.30

48 49

500 TON Class lass Salvage Vessel Vessel L x B x D x D(m): 62.20 x 9.10 x 5.00 x 2.60 2 HANJIN HEAVY INDUSTRIES & CONSTRUCTION

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WE ARE LEADING THE GROWTH OF

technology

THE SHIPBUILDING INDUSTRY BY DEVELOPING HIGH-TECH SHIPBUILDING AND OFFSHORE PLANT TECHNOLOGIES

OUR R&D HISTORY IS INEXTRICABLY LINKED TO THE HISTORY OF SHIPBUILDING IN KOREA

RESEARCH & DEVELOPMENT HHIC is leaving its mark with unwavering commitment to innovation. Building GPE (grand pre-erection) blocks to shorten the construction period and erecting a dam to produce ships bigger than dock size – these techniques are the result of innovation and technology aimed at overcoming limits. Recently, we developed an EGW (electrogas welding) method which vastly shortens the welding period and a shelter that

50 51

allows work to proceed even in heavy rain.

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Busan R&D Center

R&D Achivements - Development of high-performance hull for high speed containers by CFD - High efficiency, low vibration propeller employing lifting surface theory - Structural optimization employing FEM analysis - The most suitable space design for human engineering based on

OUR ADVANCED TECHNIQUES GIVE RISE TO WORLD D TEC

accumulated high technology

LEADING SHIPS S

- Development of automatic plasma welding machine for LNG carrier’s membrane

PRODUCTION TECHNO TECHNOLOGIES HHIC has filed a patent application for an automatic plasma welding

R&D Projects Under Way

With the experience e and expertise accumulated over 70 years, we have

- Development of an arctic going vessel

machine for the Mark-III membrane found in LNG carriers. Currently, research is underway on jig development to eliminate the need for assem-

developed various shipb shipbuilding technologies such as DAM construction

- Development of super sized container vesssels

method, Grand Pre-Erection and SKID system which have enhanced e-Ere

- Development of Ro-PAX

bly and erection pieces, integrated mounting system for the main engine to shorten the building period, and LNG FSRU (Floating Storage and

our competitivenesss as a leading shipbuilding company in the world.

- Development of special vessels (FPSO, FSRU, drilling ship, shuttle tank, etc.)

52 53

Regasification Unit). We are continuing on the road of innovation to de-

- Development of cruise ships

velop cutting edge technology to drive the future of global shipbuilding.

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Donation of welfare facilities for the disabled

Reaching out to handicapped persons

Following up on our donation of a center for the disabled to the Nam-gu District Office in Incheon, we plan to support the building of such centers in other regions throughout Korea.

TO REALIZE OUR PHILOSOPHY OF MUTUAL RESPECT AND SHARING,

Diverse volunteering activities Employees willingly participate in charitable ac-

WE ARE CONTINUING THE SPIRIT OF “DOING, COOPERATING,

tivities such as volunteering at welfare facilities,

Center for

COMMUNICATING” WHICH ENTAILS CREATING, SHARING AND COMMUNICATING

hiking with handicapped persons, and offering

the disabled in Nam-gu District, Incheon

LOVE. WE ARE FULFILLING OUR SOCIAL RESPONSIBILITY

tours of the Yeongdo Shipyard.

THROUGH A WIDE ARRAY OF SOCIAL CONTRIBUTION ACTIVITIES AND HELPING TO CREATE A SUSTAINABLE FUTURE

One employee-one account sharing campaign In line with HHIC’s philosophy of sharing, employees are taking the initiative to reach out to local communi-

respect and sharing

ties. For example, the “one employee-one account sharing campaign” was launched in 1993.

Local environmental protection group ‘Bagoo’ ‘Bagoo’ is a Gyeongsangdo dialect term for boulder. It is the name of an in-company group comprising mainly rock and ice-ridge climbers formed in 1990 to help protect local environments. The group conducts activities every quarter.

CREATING A BRIGHTER AND BETTER WORLD BY SHARING DREAMS WITH GLOBAL COMMUNITIES

SOCIAL CONTRIBUTION Upholding high ethical standards, we conduct our business with transparency and integrity. We also strive to fulfill our responsibility as a good corporate citizen through a wide range of social contribution activities at home and abroad. HHIC has been firmly committed to sharing with our neighbors from its early days. We are driven by a firm belief that HHIC will grow and evolve by engaging with our communities and reaching out to the less fortunate. We will continue to strive to dream and move forward with society to shape a brighter and better world.

54 55

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GROUP OVERVIEW

Hanjin Heavy Industries & Construction Group The HHIC Group started out as the first shipbuilding

A global company taking the lead in the development of heavy industry

Hanjin Heavy Industries & Construction Holdings

Korea Engineering Consultants Corp.

A pure holding company launched in 2007, Hanjin Heavy Industries &

A comprehensive engineering firm established in 1963, Korea Engi-

Construction Holdings oversees the investment activities of operat-

neering Consultants Corp. has contributed to the balanced develop-

company in Korea in 1937. For 70 years, we contribut-

ing subsidiaries Hanjin Heavy Industries & Construction, Hanjin City

ment of Korea. With a talented workforce, advanced technology and

ed to the growth of the Korean economy by pioneering

Gas, Korea Engineering Consultants Corp., and Hanil Leisure. Its fo-

rich experience, it provides one-stop service in construction and en-

cus is on promoting subsidiaries’ growth via strategic investments

gineering.

new paths in shipbuilding, machinery and construction.

and enhancing management efficiency and financial soundness of

HHIC claimed numerous “firsts” in Korea – first steel

the entire Group.

Hanil Leisure Solmoro Country Club which opened in 1991 is widely popular

cargo ship in 1938, first machine tool in 1962, and first steel-framed building in 1968. Driven by our passion

Hanjin Heavy Industries & Construction

among golfers. With four golf courses boasting beautiful terrain and

Founded in 1937, Hanjin Heavy Industries & Construction is the par-

scenery as well as impeccable service, Solmoro is building a reputa-

ent company of the HHIC Group. HHIC is one of the world’s top ten

tion as a premier golf club.

HHIC has spearheaded development of

for creativity and challenge, we have enjoyed stable

heavy industries in Korea for the past 70 years.

growth backed by expansion of our business scope in

global heavy industries company with a competitive edge stemming

Engaged in the shipbuilding, construction,

the Korean and overseas markets. With the transition

from leading edge technology, vast experience and a global produc-

Hacor is a US subsidiary set up in 1983 for expansion into the US

tion system.

market. Mainly operating in the Anchorage and Los Angeles areas,

shipbuilders and a prominent construction firm. It is growing into a

city gas, engineering and

into a holding company structure, we are growing into

leisure businesses, we are growing into

a global heavy industries group that is engaged in the

a global heavy industries group.

shipbuilding, construction, city gas, engineering and lei-

HACOR Inc.

the subsidiary is engaged in the airline catering and construction

Hanjin City Gas

businesses. It also operates the Sheraton Anchorage Hotel.

Hanjin City Gas is an energy company that provides a stable supply

sure businesses. We will continue to reinforce our core competencies while fostering new and growth busi-

of city gas using LNG to some 700,000 households. It plans to expand into the private power generation and CES (Community Energy Supply System) markets to promote clean and green energy.

nesses such as energy, logistics, manufacturing and service. We aspire to becoming a competitive global heavy industries group admired by customers around the world.

Management for Creation Establish line of descent and build global enterprise by continuing founding spirit Create prosperous future based on higher corporate value and trust

HHIC GROUP

Customer Value Creation Benefits gained by

Trust Culture Creation Reduced conflict through unity and

customer through purchase

mutual understanding

56 57

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Global Vision Creation Ideal corporate image


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GLOBAL NETWORK

Headquarters

Busan Office

Yuldo Factory

London Office

Guam Office

Shipbuilding Division

22-1, 4-Ga, Jungang-dong,

394, Wonchang-dong, Seo-gu,

5th Floor, 3 America Square, London

241 Farenholt Avenue Suite 103

29, 5-Ga, Bongnae-dong,

Jung-gu, Busan, Korea (600-751)

Incheon, Korea (404-210)

EC3N 2LR, United Kingdom

(Oka Bldg.), Tamuning, Guam 96913

Yeongdo-gu, Busan,

tel.

tel.

tel.

tel.

Korea (606-796)

fax. +82 51 410-3337

fax. +82 32 580-9115

fax. +44 207 488-4824

fax. +1 671 649-4194

Yeongdo Shipyard

Ulsan Factory

Manila Office

Dubai Office

tel.

+82 51 410-3114

+82 32 580-9114

+44 207 488-4848

+1 671 646-4196/7

+82 51 410-3241/3242

fax. +82 51 410-8465

29, 5-Ga, Bongnae-dong,

492, Yongjam-dong, Nam-gu,

1128 University Parkway North

Suite 2406, Grosvenor House

Construction Division

Yeongdo-gu, Busan, Korea (606-796)

Ulsan, Korea (680-070)

Bonifacio, Global City Metro Manila,

Commercial Tower Sheikh Zayed Road,

103-17, Garwol-dong, Yongsan-gu,

tel.

tel.

Philippines

Dubai, UAE

Seoul, Korea (140-807)

fax. +82 51 410-8465

fax. +82 52 259-3222

tel.

tel.

Subic Shipyard

Dadaepo Factory

+82 51 410-3240/3242

+82 52 259-3114

tel. +82 2 450-8114 fax. +82 2 450-8101

+63 2 837-8888

+971 4 329-7484

fax. +63 2 837-8839

fax. +971 4 329-7485

Green Beach 1, Redondo

370-6, Dadae-dong, Saha-gu,

Los Angeles Office

Athens Office

Seoul Office

Peninsula Sitio Agusuhin Brgy. Cawag,

Busan, Korea (604-050)

8506 Osage Avenue, Los Angeles,

2nd Floor, 360 Syngrou Avenue,

(Ship Sales & Marketing Team)

Subic Zambales, Philippines

tel.

CA 90045. USA

Kallithea, Athens, Greece

168-23, Samsung-dong,

tel.

fax. +82 51 260-3005

tel.

tel.

Kangnam-gu, Seoul, Korea (135-090)

fax. +63 47 252-2703

tel.

+63 47 252-5100

+82 51 260-3114

+1 310 645-9011

fax. +1 310 645-9110

+30 210 941-6224

fax. +30 210 941-6639

+82 2 2006-7022/7023

fax. +82 2 2006-7116/7117

HHIC Hong Kong 1902, Office Tower, Convention Plaza, 1 Harbour Rd., Wanchai, Hong Kong tel.

+852 2238-0600

fax. +852 2238-0610

London Office

Seoul Office Busan Office Athens Office

HHIC Hong Kong Los Angeles Office Dubai Office

Subic Shipyard Manila Office

58 59

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Guam Office


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29, 5-Ga, Bongnae-dong, Yeongdo-gu, Busan, Korea (606-796) tel. +82 51 410-3241/3242 168-23, Samsung-dong, Kangnam-gu, Seoul, Korea (135-090) (Ship Sales & Marketing Team) tel. +82 2 2006-7022/7023 www. hanjinsc. com For more details visit www.marinemegastore.com or call 0871 8732404

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HANJIN HEAVY INDUSTRIES - Shipbuilding