Sharing Our Legacy of Challenge and Growth
In March 1972, the ground was broken on an empty stretch of beach in Ulsan to construct what would become the world's largest shipyard. Hyundai then started building the two oil tankers and the shipyard simultaneously.
Two years later, in 1974, Hyundai held a ceremony to simultaneously name the two tankers and dedicate the shipyard.
Capturing the imagination of the international maritime community, the event was a historic first step for KSOE.
- Delivered the world's largest ore carrier, Berge Stahl (365,000 DWT)
- Ranked "World's Top Shipbuilder" by Japanese journal Diamond
- Established Hyundai Maritime Research Institute (HMRI)
- Established Hyundai Industrial Research Institute (HIRI), the first private institute in Korea