HD Hyundai Samho (Korean: HD현대삼호) is the world's largest dockyard and produces approximately 40 vessels per year.
In 1990, the company changed its name to 'Halla Heavy Industries' (한라중공업) and moved the dockyard from Incheon to Samhoup which is located in Yeongam, South Jeolla Province.
(total 3,300,000 square metres of land) In 1997, during the Asian Financial Crisis, the mother company Halla group (was ranked 12th in terms of equity at that time) has fallen into bankruptcy, bringing its affiliates into the slump as well.
In 2004, only 2 years after the take over by Hyundai Heavy Industries, the company has recorded $1 billion of overseas sales.
3 years later in 2009, Hyundai Samho Heavy Industries recorded an outstanding $3 billion of overseas sales.
At the same year, the company has built a 30 million CGT ship in the shortest time period among the entire shipbuilding industry.
Hyundai Samho Heavy Industries now has 2 mega docks and an additional floating dock which can produce approximately 50 ships annually (4.3 Million GT), 5 Goliath Cranes including cranes of maximum lifting limit of 1200 tonnes and 900 tonnes.
According to Clarkson Research, Hyundai Samho Heavy Industries is apparently one of the largest shipbuilding company in the world.