Samsung Heavy Industries Co., Ltd. (SHI; ) is a South Korean shipbuilding company and part of the Samsung Group. It is one of the "Big Three" shipbuilders of South Korea, along with Hanwha and Hyundai. The company's primary activities include the engineering and construction of commercial vessels including container ships, LNG carriers, oil platforms, drill ships, and floating production storage and offloading (FPSO/FSO) units.
The company’s main shipyard is located in Geoje, South Korea, and includes three dry docks and five floating docks. SHI also operates ship block fabrication facilities in Ningbo and Rongcheng, China, as well as a design center in India.
History
Samsung Heavy Industries was established in 1974, when the company's Changwon plant was opened. SHI soon purchased Woojin, followed by the construction of Geoje shipbuilding facilities and merger with Daesung Heavy Industries.
Samsung Shipbuilding and Daesung Heavy Industries were merged under Samsung Heavy Industries in 1983. Since then, it has put efforts in the introduction of new technologies and development of products, while expanding the business area into heavy equipment and construction.