Samsung Heavy Industries Co., Ltd. (010140.KS) KSC

Currency In KRW

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Samsung Heavy Industries Co., Ltd.

Address

23, Pangyo-ro

Seongnam-si, 134-86

Korea (the Republic of)

Phone

82 31 5171 7000

Sector

Industrials

Industry

Aerospace & Defense

Employees

8470

First IPO Date

January 04, 2000

Key Executives

NameTitlePayYear Born
Sungan ChoiChief Executive Officer & Vice Chairman1.45B1960
HyeonHo ShinVice President786MN/A
Wang-geun LeeCOO, Head of Shipbuilding & Offshore Division, VP and Director0N/A
Boo-Kyung KimSenior MD & Manager of Communication Team01960
Hyun-Dong LeeVice President & Chief of Compliance Office01965
Kyung Hee KimVP, Internal Accounting Manager, Head of Management Support Office & Director0N/A
Min-Ho HanVice President & Chief of HR Support Office01960
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Description

Globally, Samsung Heavy Industries Co., Ltd. operates across three primary business segments: shipbuilding, offshore engineering, and marine machinery and electrical systems. Its extensive shipbuilding portfolio encompasses a wide array of vessels, including crude oil tankers, product tankers for refined oil, various shuttle tankers (including arctic-capable versions), container ships, liquefied natural gas (LNG) carriers, LNG floating storage regasification units (FSRUs), very large ethane carriers, and passenger ships. In the offshore domain, the company delivers sophisticated solutions like drillships, floating LNG (FLNG) facilities that integrate drilling, refining, liquefaction, storage, and offloading processes, and Floating Production Storage and Offloading (FPSO) vessels. This segment also includes the construction of floating production units, offshore platforms, wind turbine installation vessels, and jack-up rigs. The machinery and electrical systems division provides critical marine technologies such as the PURIMAR ballast water management system, FuGas fuel gas supply and storage systems, medium and low voltage marine switchboards, advanced ship automation and electric power control systems, and regasification systems, along with floating power plant and semi-rig independent model products. Additionally, Samsung Heavy Industries Co., Ltd. is collaborating with Wärtsilä Corporation to develop ammonia-fueled vessels featuring 4-stroke auxiliary engines. Established in 1974, the company maintains its headquarters in Seongnam-si, South Korea.

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