South Korean Shipyard Hyundai Heavy Industries

摘要

south-east of South Korea. Together with the vvorld's largest assembly plant oper-ated by Hyundai Motor and the vvorld's largest oil refinery owned by SK Energy it forms the heart of the Ulsan Industrial District. The Hyundai 's shipyard stretches over four kilometres along the coast of Mipo Bay in Ulsan. HHI was established in 1947 by Chung Ju-yung, as a construction compa-ny. Despite the fact that Hyundai's ship-yard was still in the planning stages and the company had no experience, capital and shipbuilding technology, in the early 1970s it received orders for two 260000 DWT crude oil tankers from Greek ship-owner George Livanos. In March 1972,