HHI SHIPBUILDING GROUP BETTER THAN THE BEST BETTER THAN THE BEST HHI Shipbuilding Group is certainly a prominent leader in the global shipbuilding industry. HHI Shipbuilding Group has three dedicated members - HYUNDAI HEAVY INDUSTRIES (HHI), HYUNDAI SAMHO HEAVY INDUSTRIES (HSHI) and HYUNDAI MIPO DOCKYARD (HMD) - all teamed to offer the highest quality shipbuilding services to our customers. HHI Shipbuilding Group has come a long way in pursuit for providing a ‘BETTER THAN THE BEST’ solution for all types of ships and tailored to meet clients’ needs. Each member of the Group is a well-established player in their market, but their combined efforts will create more value to our clients by leveraging a vast array of the most advanced production facilities and engineering capabilities and sharing technological innovations. HHI Shipbuilding Group has been building an extensive product mix of commercial and special ships for the shipping, energy transport and exploration, and naval ship markets. HYUNDAI HEAVY INDUSTRIES GROUP HYUNDAI HYUNDAI SAMHO HYUNDAI HEAVY INDUSTRIES1) HEAVY INDUSTRIES MIPO DOCKYARD ENGINE & MACHINERY PLANT & ENGINEERING INDUSTRIAL OFFSHORE & ENGINEERING SHIPBUILDING DIVISION CREATING NEW VALUE CREATING With three world-class modern shipyards working together, HHI Shipbuilding Group can fully focus on shipbuilding and its related businesses and is better poised to meet the clients’ expectations. HYUNDAI HEAVY INDUSTRIES SHIPBUILDING GROUP HYUNDAI HYUNDAI SAMHO HYUNDAI HHI SHIPBUILDING GROUP WITH 3 COMPANIES INTEGRATED HEAVY INDUSTRIES HEAVY INDUSTRIES MIPO DOCKYARD • Integrated sales and • Detail design • Basic and detail design HYUNDAI HEAVY INDUSTRIES marketing • Planning and production • Planning and production HYUNDAI SAMHO HEAVY INDUSTRIES • Basic and detail design • Quality management • Quality management • Integrated procurement • Contract management • Contract management HYUNDAI MIPO DOCKYARD • Integrated aftermarket • HVS 2) services • Planning and production • Integrated R&D • Quality management • Contract management 1) Hyundai Heavy Industries currently has 3 business divisions and 15 affiliate companies and HSHI and HMD shown here are 2 of the affiliate companies 2) HVS (Hyundai-Vinashin Shipyard): Joint venture company between HMD and Shipbuilding Industry Corporation of Vietnam GLOBAL SHIP SALES OFFICES TOTAL NUMBER OF HHI GROUP'S BRANCHES AND CORPORATIONS NEW JERSEY LONDON ATHENS OSLO DUBAI TOKYO SINGAPORE Athens, Greece London, UK HHI Group has a worldwide network of offices and partners and its integrated marketing Neuilly-sur-Seine, France Jiang Su, China GLOBAL organization channels all our sales resources and capabilities toward effective market Geel, Belgium Shanghai, China analysis, competitive marketing strategy and specific contract review. Rotterdam, Netherlands Yangzhong, China NETWORK Yantai, China HHI Group’s Ship/Offshore Marketing Division serves as an integrated marketing point to Oslo, Norway Changzhou, China set up a strong sales headquarters in Seoul, including 300 sales staff at HHI and its affiliate Bochum, Germany Beijing, China companies. Budapest, Hungary Sofia, Bulgaria Taian, China Design team staff members will be working side by side with the sales colleagues to Moscow, Russia Jinan, China improve coordination and efficiency with the purpose of finding optimal solutions for the Wendeng, China needs of our clients. Montgomery, USA Houston, USA New Jersey, USA Mansfield, USA Atlanta, USA Primorskiy Krai, Russia Vladivostok, Russia Tokyo, Japan Osaka, Japan Seoul, Korea Gunsan (HHI), Korea Ulsan (HHI), Korea Ulsan (HMD), Korea Mexico City, Mexico Mokpo (HSHI), Korea Rio De Janeiro, Brazil Singapore Pune, India Jakarta, Indonesia Sales Office of HHI Shipbuilding Group Branch & Corporation Luanda, Angola Domestic Lagos, Nigeria Al Khobar, Saudi Arabia Kuwait Riyadh, Saudi Arabia Dubai, UAE Jebel Ali, UAE GLOBAL NEW JERSEY, USA LONDON, UK ATHENS, GREECE OSLO, NORWAY TOKYO, JAPAN DUBAI, UAE SINGAPORE SHIP SALES Address: Address: Address Address Address Address Address 300 Sylvan Avenue, 2nd Floor, The Triangle 73 Poseidonos Avenue, Radhusgaten 20, 0151 8th Fl., Yurakucho Denki Bldg., Level 2, Unit 205, Emaar Square- No.5 Temasek Boulevard #04- OFFICES Englewood Cliffs, 5-17 Hammersmith Grove, 17562 Paleo Faliro, Oslo 1, Norway 1-7-1 Yurakucho Chiyoda-ku, Bldg. 4, Sheikh Zayed Road, 02, Suntec Tower Five, NJ 07632, USA London W6 0LG, U.K. Athens, Greece Tokyo, Japan 100-0006 P.O.Box 252458, Dubai, U.A.E. Singapore 038985 Email: Email: Email: Email: Email: Email: Email: [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Phone: Phone: Phone: Phone: Phone: Phone: Phone: +1-201-816-4080, 4081 +44-20-8600-7121, 7134 +30-210-428-2992, 2993, 2994 +47-2310-0890 +81-3-3211-4799, 4796 +971-4-425-7995 +65-6337-2366 Fax: Fax: Fax: Fax: Fax: Fax: Fax: +1-201-816-4082, 4083 +44-20-8741-5620 +30-210-428-2144 +47-2310-0899 +81-3-3216-0728 +971-4-425-7996 +65-6333-4680 OUR JOURNEY IN BECOMING 1996 THE BEST SHIPBUILDER HMD ENTERED INTO NEWBUILDING BUSINESS 2002 HALLA HEAVY INDUSTRIES WAS MERGED INTO HYUNDAI HHI 1974 [HHI] HEAVY INDUSTRIES AND HMD/HVS • Hyundai Shipyard delivered the first 1997 [HMD] INCORPORATED AS HYUNDAI HSHI VLCC named Atlantic Baron • HMD delivered its first ship SAMHO HEAVY INDUSTRIES (FPSO) for Petroleum Geo- (HSHI) IN 2003 Services 1984 [HHI] 1992 [HSHI] • HHI surpassed 10 million DWT in ship • Halla Heavy Industries 1999 [HMD/HVS] production after only 10 years of the shipyard (the former entity of • Hyundai-Vinashin Shipyard (HVS) was established operation HSHI) was constructed in Vietnam as a repair/conversion shipyard 1975 [HMD] • Hyundai Maritime Research Institute was established to support R&D for the shipyard • Hyundai Mipo Dockyard (HMD) 1999 [HSHI] was established to offer ship • HSHI started business as Samho Heavy repair/conversion services Industries 1984 Growth Period 1984 Growth 1992 Maturity Period 1972 Establishment & Period Take-Off 1999 [HHI] 1996 [HHI] • HHI listed its shares on • HHI completed drydocks No.8 & 9 at No.2 the South Korean Stock yard, dedicated to building VLCCs Exchange (KSE) 1985 1994 [HHI] • HHI delivered South Korea’s first LNG 1972 HHI WAS RANKED carrier for Hyundai Merchant Marine THE WORLD’S TOP SHIPYARD GROUNDBREAKING BY THE JAPANESE ECONOMIC OF THE HYUNDAI JOURNAL DIAMOND SHIPYARD IN ULSAN, SOUTH KOREA GATEWAY TO PROSPERITY [1972-1995] The year 1972 marked the groundbreaking of Hyundai Shipyard. It was Chung Ju-yung, the founder of Hyundai HMD was founded in 1975 Group, who initiated the construction of the shipyard in and had grown to be the Ulsan, South Korea. At that time he had no experience, world’s largest ship-repair and capital, nor technology for shipbuilding, but he had conversion yard. Based on inspiration and belief in his resolution to dedicate the technology and experience world’s largest shipyard: “When you are at a dead end, accumulated from the repair look for a way out. When you look and still can’t find and conversion services, a way, pave it out yourself.” Two years later in 1974, HMD has focused on the Hyundai held a ceremony to simultaneously name the newbuilding of medium-sized two VLCCs and dedicate the shipyard. The event was the commercial ships since 1996. first step of Hyundai Shipyard. HMD has been solidifying its Now Hyundai Heavy Industries Shipbuilding Group presence on this shipbuilding operates four shipyards - HHI, HSHI, HMD and HVS - to sector by delivering more than provide top-quality ships and services around the world. 950 ships. Beyond the horizon, HHI Shipbuilding Group will Hyundai-Vinashin Shipyard maintain the leading position by building up trust and HMD’S RISE TO PREMIUM BUILDER OF MEDIUM-SIZED SHIPS [1996-2001] (HVS) established in 1999 with mutual relationship with our clients; making ceaseless Hyundai Mipo Dockyard (HMD) is the world No.1 full support from HMD has innovation; and meeting the highest standards and new shipbuilder specializing in medium-sized ships such as been marking its prestigious market demands. Product/Chemical Tankers, Gas Carriers (LPGC, LEGC, LNGC, position in Product/Chemical LNG Bunkering), Containerships, Bulk Carriers, PCTCs, Ro- Tankers, Bulk Carriers and Ro Ships, Con-Ro Ships, and other special ships. Containerships. ESTABLISHMENT OF HYUNDAI HEAVY INDUSTRIES BEYOND THE HORIZONS: GROUP [2002-2015] MOVING FORWARD THROUGH INNOVATIONS In 2002, having spun off Hyundai Business Group, HHI Facing a new era of technical innovation, HHI Shipbuilding 2015 [HSHI] has formed independent Hyundai Heavy Industries Group Group is not complacently satisfied with past success. We • HSHI constructed 10,000 ton capacity including three major shipyards. That year, HHI incorporated remain committed to moving forward through technological floating crane Halla Heavy Industries with HHI Group and changed its breakthroughs and innovations in the shipbuilding industry name to Hyundai Samho Heavy Industries in 2003, HSHI has by continuing to build top-quality ships; contributing to the become the world's 4th largest shipbuilder by delivering development of the world maritime industry; and looking about 600 ships such as Tankers, Containerships, Bulk forward to maintaining rewarding business relationships 2015 [HMD] Carriers, PCTC, LNG Carriers and LPG Carriers and FPSO. with our customers for the prosperity of all. • HMD delivered its first LEGC for Eletson 2008 [HHI/HSHI] • Akpo FPSO was constructed and delivered