Hyundai Samho Heavy Industries Co., Ltd. (HSHI 現代三湖重工業) is the world's 5th largest shipbuilder and produces approximately 30 vessels per year. Its yard is located in Samho-eup, South Korea

South Korea

The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

. The company belongs to Hyundai Heavy Industries Group

Hyundai Heavy Industries Group

The Hyundai Heavy Industries Group refers to the group of affiliated companies interconnected by complex shareholding arrangements, with Hyundai Heavy Industries regarded as de facto representative of the Group.- Subsidiaries :* Hyundai Heavy Industries...

 which consists of 3 shipbuilders; Hyundai Heavy Industries, Hyundai MIPO Dock Yard and Hyundai Samho Heavy Industries.

HSHI mainly produces tankers

Tanker (ship)

A tanker is a ship designed to transport liquids in bulk. Major types of tankship include the oil tanker, the chemical tanker, and the liquefied natural gas carrier.-Background:...

, bulk carriers, container ships, gas and chemical carriers. The company also manufactures transport equipment such as Goliath Cranes and container offloading cranes.

In 2006, the company built a hull part of FPSO (Floating Production Storage Offloading) vessels and have just started to build LNG Carriers, LPG carriers and PCTCs (Pure Car & Truck Carrier). Furthermore, they are planning to increase the number of ships they can build in a year up to 41-43 ships by making and using a floating dock

Floating dock

A floating dock is a platform or ramp supported by pontoons. It is usually joined to the shore with a ramp that rests upon the dock on rollers, to adjust for the vertical movement of the dock...

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