HJ Shipbuilding & Construction
South Korean shipbuilding company
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HJ Shipbuilding & Construction Company, Ltd. (Korean: 주식회사 HJ중공업; Hanja: 株式會社HJ重工業), formerly Korea Shipbuilding & Engineering Corporation (대한조선공사; 大韓造船公社) and Hanjin Heavy Industries & Construction Co. Ltd. (주식회사 한진중공업; 株式會社韓進重工業), is a South Korean-based multinational shipbuilding company, founded in 1937 as Chosun Heavy Industries Co., Ltd. (조선중공업 주식회사; 朝鮮重工業株式會社).[3]
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- Chosun Heavy Industries (1937–1949)
- Korea Shipbuilding & Engineering (1949–1990)
- Hanjin Heavy Industries & Construction (1990–2021)
| |
Native name | HJ중공업 |
|---|---|
| Formerly |
|
Company type | Public |
| KRX: 097230 | |
| Industry | |
| Founded | July 1937 |
| Headquarters | 233, Taejong-ro, Yeongdo-gu, , |
Area served | Worldwide |
Key people |
|
| Products | |
| Revenue |  ₩1.8860 trillion (2024) |
 ₩7.3 billion (2024) | |
| ₩5.2 billion (2024) | |
| Total assets | ₩2.2044 trillion (2024) |
| Total equity | ₩343.4 billion (2024) |
| Owner |
|
Number of employees | 2,569 (March 2014) |
| Parent |
|
| Website | Official website in English Official website in Korean |
| Footnotes / references [1][2] | |
Scandals
On 7 July, thousands of protesters clashed with the police in a demonstration against layoffs in Yeong-do, Busan, and Police fired water cannons with diluted tear-water solution on the crowds after warning the crowds to disperse on the streets.[4][5]
In late September 2020, the Korea Development Bank (KDB), the main creditor and largest shareholder, announced it would sell all or part of its stake in HHIC. KDB owns 83.45 percent of shares in HHIC.[6] On December 14, 2020, KDB announced that Dongbu Construction, Keithton Partners, and SM Merchant Marine are bidding to acquire HHIC.[7]
In July 2021, the company announced that it had completed the second ship of the Dokdo-class amphibious assault ship for the Republic of Korea Navy, named the ROKS Marado.[8]
Ships built
- Container ships
- 1 Ital Lunare
- Surface naval
- 2 of 9 Ulsan-class frigates
- 12 of 24 Pohang-class corvettes
- 2 of 4 Donghae-class corvettes
- Amphibious warfare ships
- Patrol vessels
- 24 of 34 Yoon Youngha-class patrol vessels
- 17 of 17 Chamsuri-class patrol boats
- Auxiliary ships
- 3 of 3 Mulgae 87-class landing Crafts
- 3 of 9 Mulgae 79-class landing Crafts
Corporate governance
Ownership
| Shareholder | Country | Stake (%) |
|---|---|---|
| Echoprime Marine Pacific |  South Korea | 62.43% |
| Hanjin Heavy Industries & Construction Employee stock ownership | South Korea | 0.23% |
| Deok-Geun Park | South Korea | 0.2% |
| Treasury Stocks | South Korea | 0.1% |
| Cheol-Sang Jung | South Korea | 0.1% |
| Gwang-Mok Sohn | South Korea | 0.1% |
