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HD Hyundai Becomes First Shipbuilder to Deliver 5,000 Vessels

The milestone coincides with a planned HHI–Mipo merger next month to expand capacity for larger naval projects.

Overview

  • The 5,000th vessel was the Diego Silang, an offshore patrol vessel for the Philippine Navy delivered in October as part of a 10‑ship order.
  • HD Hyundai marked the achievement at a Nov. 19 ceremony at its Ulsan shipyard led by Chair Chung Ki-sun with government and industry figures in attendance.
  • HD KSOE reports US$14.24 billion in orders so far this year, reaching 78.9 percent of its US$18.05 billion annual target.
  • The group’s three yards—HD HHI, HD Hyundai Mipo, and HD Hyundai Samho—have delivered 2,631, 1,570, and 799 vessels, supplying more than 700 buyers across 68 countries.
  • Company statements highlight a push for naval and submarine contracts alongside investments in artificial intelligence and eco‑friendly ship technologies.