Tags: Korea S. , Far East , shipbuilding , production | similar articles »

South Korean industrial giant Hyundai Heavy Industries (HHI) delivered its world record-setting 1,660th ship, the 22,500 m3 LPG carrier Gaz Providence, to Naftomar of Greece on June 29. HHI has retained its ranking as the world's No.1 shipbuilder in both quantity and quality.
 
The new record was achieved after only 38 years since HHI entered the shipbuilding business in 1972, a company statement said, adding that the HHI's Shipbuilding Division alone has delivered 1,500 ships while its Special And Naval Shipbuilding Unit And Offshore and Engineering Division delivered 160.
 
HHI has delivered diverse types of ships to more than 250 ship owners in 50 different countries with a total capacity of 94 million gross tons (gt). HHI expects to increase this record to the milestone 100 million gt within a year.