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 PRESTIGE CREATOR

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Page 1: HuyndaiMD

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 PRESTIGE CREATOR

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C O N T E N T S

02Message from CEO //04 Layout / Facilities //06Quality Assurance //08 Prestige Ships Created by HYUNDAI MIPO

10Shipbuilding //16Growth //17Organization //18Chronicle //20Welfare Facilities

22HYUNDAI- VINASHIN Shipyard //

23Affiliated Companies //

24Global Network

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Message from CEO

Dear Customers,

 Hyundai Mipo Dockyard Co., Ltd. (HMD), founded in 1975, entered into

the newbuilding market in 1996 and has become a global leading shipbuilder, specializing inmedium-sized vessels of the highest quality. Since 1996, HMD has delivered more than 320 ships

including Product /Chemical Tankers, Containerships, Self-unloading Bulk Carriers,

 Multi Purpose Cargo Carriers, Drillships, Cable Layers, Pipe Layers,

 FPSO, Car Ferry& Passenger Ship and more.

 HMD was selected as the World’s Best Shipbuilding Yard by Lloyd’s List Maritime

Asia in December 2001, which acknowledged HMD’s cutting-edge technology in shipbuilding

construction, highly qualified workforce and modernized facilities and equipment.

 Before focusing on shipbuilding, HMD performed ship-repair and conversion work on over

8,000 vessels, accumulating vast knowledge and experience in the field.

Since 1999, HMD has devolved its ship-repair and conversion business, along with

its invaluable experience and comprehensive service quality, to a joint venture shipyard,

 Hyundai-Vinashin Shipyard Co., Ltd. (HVS) in Vietnam.

 HMD’s vision is to be the most reliable shipyard with a customer-oriented mindset,

and to deliver high quality vessel on time, providing both value and satisfaction to our customers.

 We never rest on our past accomplishments.

 We strive to move towards the future in hope of sharing a bright future with our customers.

I wish to stress that HMD will always be a loyal and reliable business partner.

Sincerely yours,

Jae-Byoung Song

 President& CEO

2 PRESTIGE CREATOR PRESTIGE CREATOR-HMD 03

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 PRESTIGE CREATOR-HMD 054 PRESTIGE CREATOR

Layout / Facilities

General Layout

 Dock #1

 Dock #2

 Dock #3

 Dock #4

1

2

3

4

5

6

7

8

9

10

Length

Crane

Dimension

Capacity

Crane

380m x 65m

400,000 DWT

720 m 195 m 870 m 480 m

No.2No.1 No.3 No.4

No.1 No.2 No.3 No.4

380m x 65m

400,000 DWT

380m x 65m

400,000 DWT

295m x 76m

350,000 DWT

200 Ton x 6

30 Ton x 3

20 Ton x 130 To n x 4 Tower Cranes20 Ton x 1

200 Ton x 6

Dock

Quay

Facilities

11

12

Quay #1

Quay #2

Quay #3

Quay #4

 Hull Shop

 Blasting & Painting Shop

 Main Office Building

Site Office Building

1

2

3

4

5

7

6

9

10

11

12

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 PRESTIGE CREATOR-HMD 076 PRESTIGE CREATOR

Quality Assurance

Customer-OrientedPolicy

Speedy &PerfectWarranty Service

Zero-DefectConstruction

100%Customer

Satisfaction HMD’ s policy is to actively meet all contract specifications and regulations,

in addition to satisfying every client’s needs. HMD’s quality assurance system is

designed, organized and implemented to ensure its strict quality standards.

 HMD’s system is acknowledged world-wide by scores of national & international

designing and manufacturing organizations. HMD has received

‘International Integration Management System Certificates for ISO 14001& OHSAS 18001’.

 HMD’s well-developed resources for training continue to provide its clients

 with reliable high quality products and better services.

 HMD will continuously implement and further develop its

‘Quality Assurance System’ to achieve a higher level of quality for its products.

 HMD manages SPAS 100 system in a web-branch service center,

 which means ”Speedy& Perfect After Service to the 100% satisfaction of 

our customers”. HMD, therefore, can provide to its customers a real

time progress of guarantee claims, spare parts forwarding and lifetime service.

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HMD has been acknowledged as one of the leading and most versatile shipbuilders in

the sectors of medium-sized conventional ships and specialized vessels.

Especially, HMD has achieved world-wide recognition for its Medium-Ranged Product /Chemical

Tankers and Handy~Panamax size Containerships, with optimized

superior specifications and unchallenged quality gained by the competent

design staff and the highly qualified workforce.

Moreover, an unequalled flexibility based on HMD’s customer-oriented marketing

policy to meet the various requirements of buyers, is another of HMD’s advantages, which

has led to its current leading position in the market.

 Prestige Ships Created by HYUNDAI MIPO

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 PRESTIGE CREATOR-HMD 11

Shipbuilding

 HMD is internationally recognized for its excellence in shipbuilding and is tailored to customer demand.

Since its entry to newbuilding, HMD has delivered more than 320 ships, aggregating some

12 million DWT. HMD has relationships with 82 shipowners from 28 countries all over the world.

 HMD will always move toward the future and hopes to share its vision of a bright future with customers.

Product / Chemical Tanker // Container Ship // Bulk Carrier

Ro-Ro Vessel // Pure Car& Truck Carrier

LPG Carrier // General Cargo Carrier

Offshore Vessel // Specialized Vessel

Coverage

13,000~75,000 DWT

1,800~4,500 TEU

Handy ~ Supramax

General Cargo Carrier

Multi Purpose Cargo Carrier

Self-Unloading Bulk Carrier

10,800 DWT Ro-Ro

24,000 / 29,000 DWT CON-Ro

3,500 / 6,500 UNITS

20,600 / 35,000 m3

Drill-Ship, FPSO, Cable Layer, Pipe Layer

Car Ferry, Totally Enclosed Forestry Carrier, etc

Ship Type

Product / Chemical Tanker

Container Ship

Bulk Carrier

Ro-Ro Vessel

Pure Car& Truck Carrier

LPG Carrier

Offshore Vessel

Specialized Vessel

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 PRESTIGE CREATOR-HMD 132 PRESTIGE CREATOR

Product / Chemical Tanker

 HMD is the best shipbuilder in the shipbuilding of product /chemical tankers ranging from

13,000 DWT to 75,000 DWT. HMD’s market share is more than

50%

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 PRESTIGE CREATOR-HMD 154 PRESTIGE CREATOR

Offshore  / Other Vessels

Starting with the new building in 1996, HMD has succeeded in delivering Offshore Vessels,

including Drillships, Cable Laying Vessels, Pipe Laying Vessels, FPSO and other specialized vessels.

 HMD will strive to enter into the offshore market again in the near future.

High Value-added Vessel

 HMD has a portfolio of high value-added vessels with a maximization of design capacity.

As a part of ship type diversification, HMD entered into the new market for

 LPG Carriers in 2006, PCTC & Ro-Ro Vessels in 2007.

Bulk Carrier

As well as building Bulk Carriers (Handysize ~ Supramax) to carry bulk freights, HMD has delivered Multi Purpose Cargo Carriers and Self Unloaders. HMD is ready to deliver

the new ship type, General Cargo Carriers with open hatches.

Container Ship

 HMD is specialized in medium-sized container ships (1,800 ~ 4,500 TEU) :

almost 100 container ships have been ordered at HMD. Container ships built by HMD offer a service

speed of 21 ~ 24 knots, the fastest speed available for medium-sized container ships.

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 PRESTIGE CREATOR-HMD 176 PRESTIGE CREATOR

 Hyundai Mipo Dockyard has showed remarkable growth since 2003.

This is attributable to the success of its shipbuilding business diversification, while consolidating

its prime position in Medium-Range Product /Chemical Tankers, and earning a stellar reputation in

Sub-Panamax Containerships. HMD has continued to evolve; not satisfied at taking over half of the world's

 Product / Chemical tanker and mid-size containership new-building market, HMD challenges to get involved

more keenly in building other high value-added vessels. Actively anticipating changes in the market,

 HMD entered into the LPG carrier market in 2006 and the PCTC and

 RO-RO vessel markets in 2007.

Growth Organization

3,500

20032004

20052006

2007

20032004

20052006

20072008

20032004

20052006

20072008

20032004

20052006

2007

3,000

2,500

2,000

1,500

1,000

500

0

300

250

200

150

100

50

0

80

70

60

50

40

30

20

10

0

140

120

100

80

60

40

20

0

        1  ,        0

        0        0 1

  ,        2        0        0

        1  ,        8

        0        0

        2  ,        3

        0        0

        2  ,        9

        0        0

        3        2

        3        6

        4        6

        6        0

        6        7

        7        0

        1        0        8

        1        6        2

        1        8        6

        2        0        4

        2        5        5

        2        8        0

        7        8

        9        2

        7        0

        7        8

        1        1        8

Turnover (U.S. dollars Million) Number of Ships Ordered

Number of Ships Delivered Number of Backlog(2003~2007 : As of the year-end, 2008 : As of March)

Construction Department

 Project & Production Planning Department

Information Technology Department

Safety& Health Department

Quality Management Department

 Personnel Department

General Affairs Department

 Finance Department

 Material Purchasing / Control Department

Sales Division

Project & Production Planning Division

Production Division

Safety& Quality Control Division

Administration Division

Hyundai-Vinashin Shipyard in Vietnam

President & CEO

Sales DepartmentContract Administration DepartmentAfter Sales Service Department

Design and Engineering DivisionShip Design Department

Initial Planning & Estimation Department

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 PRESTIGE CREATOR-HMD 198 PRESTIGE CREATOR

Chronicle For over three decades HMD has been accomplishing things once thought to be theoretically and

scientifically impossible through unwavering determination and endless efforts.

The key to our success lies in the “Hyundai Spirit" that

 was embodied by the founder Chung Ju-Yung.

1975 2008 Establishment ...and our journey continues1980s

1981 Selected as Best Top 10

Company for ProductivityImprovement by Korea

 Productivity Center.

1982 Construction of 

 New Shipyard.

1983 The number of 

Ship-repair and Conversion

reached 2,000 vessels.

 Delivery of 3 Asphalt Carriers

and 1 Cable Layer.

 Listed in Korea Stock Exchange

 with Initial Public Offering.

1990s

1990 The number of Shiprepair and

Conversion reached 3,000 vessels.

1995 Repair experience of more

than 6,000 vessels.

1996 Entered into

 Newbuilding market.

  Establishment of Hyundai-Vinashin

Shipyard Co., Ltd. (HVS) in Vietnam.

1997 Accreditation of ISO 9001

from the Lloyd’s Register.

Contracts for an FPSO and

two Drillships.

1998 Awarded 1998 Korean Management Grand Prize .

1999 Awarded 1999 Quality andSafety Management Grand Prize.

Selected as the World’s Best

Shiprepair Yard by Lloyd’s List

 Maritime Asia.

Opening of HVS.

2000s

2001 Selected as the World’s Best

Shipbuilder by Lloyd’s List Maritime Asia.

2002 Delivery of a Korea-Japan

 Line Passenger Ferry,

the first one built by

a Korean Shipyard.

2003 Granted International

Integration Management System

Certificates for ISO 14001&

OHSAS 18001.

 Medium-ranged Product Tanker

selected as ‘World-class Product’by Ministry of Commerce, Industry

and Energy, Republic of Korea.

2004 Delivery of the 100th

 Newbuilding vessel.

Groundbreaking for a New Block

 Fabrication Shop in Daebul

Industrial Complex.

Awarded the “$1 Billion Export”

prize by the Korean Government.

2005 Selected as ‘Overall Most

Improved Company for Best Management Practices in Korea’

from Asiamoney.

Awarded 2005 Value Innovation

Award by Korea Ministry of 

Commerce, Industry and Energy.

Sub-Panamax Containership

selected as ‘World-class Product’

by Ministry of Commerce, Industry

and Energy, Republic of Korea.

2006 Awarded “The Most Respected

Company” by the Korean

CEO Association.

Contracts for LPG Carriers.

2007 Contracts for PCTC

and Ro-Ro Vessels.

The 300th vessel delivered.

 New building accumulated10,000,000 DWT.

Awarded the “$2 Billion Export”prize by the Korean Government.

Awarded “CEO of the year” by Maekyoung Business Daily.

Before After 9 Months Now

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 PRESTIGE CREATOR-HMD 210 PRESTIGE CREATOR

Welfare Facilities HMD provides its employees, foreign residents, and visitors with accommodations

and recreational facilities for a more comfortable life and stay. Long-term foreign residents are supplied with

housing at the Foreigners’ Compound. HMD, with HHI Group, also operates a guest house,

a luxurious hotel, bungalows, apartments of various sizes, bachelor dormitories, a general hospital,

a gymnasium, a recreation center, department stores and other facilities.

These amenities help our employees and residents from all over the world to enjoy a more convenient,

healthy lifestyle. A number of activities are also arranged at HMD to promote pleasant,harmonious relationships among people.

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 PRESTIGE CREATOR-HMD 232 PRESTIGE CREATOR

HYUNDAI- VINASHIN Shipyard Co., Ltd. Affiliated CompaniesHyundai Heavy Industries Co., Ltd.

 Hyundai Heavy Industries (HHI), the world's number one shipbuilder, leads the global

shipbuilding industry with a 15% share of the market. HHI stretches over five kilometers

along the coast of Mipo Bay in Ulsan, Korea. The company is capable of building all types of 

ships to meet various demands from its clients.

It has nine (9) large-scale dry docks with six huge 'Goliath Cranes'. Since the shipyard's groundbreaking in

1972, HHI has garnered many awards and set many records within the shipbuilding industry.

 HHI reached the 10 million dwt production mark, and reached the milestone of 20 million dwt in 1988,

30 million dwt in 1991, 40 million dwt in 1994, 50 million dwt in 1997, and 100 million dwt in 2005.

 HHI has delivered more than 1,300 ships to 233 shipowners in 45 countries since 1972.

Hyundai Samho Heavy Industries Co., Ltd.

 Hyundai Samho Heavy Industries (HSHI) has the fifth-largest manufacturing capacity

in the world and succeeded in making its first profit in 2001 with maximum expertise in order

acceptance via the Hyundai business line since 1999.

 Featuring a qualified workforce and highly educated personnel, the shipyard is

achieving remarkable improvements in productivity and quality. Since full-scale operations began in 1995, HSHI has successfully built and delivered over 110 vessels, including VLCCs, 4,000 TEU

Containerships, Suezmax Tankers, Aframax Tankers, Capesize Bulk Carriers and other vessels.

 HSHI continues full efforts to provide high quality vessels to clients and t o move

toward a brighter future as a reliable partner.

 Hyundai Vinashin Shipyard Co., Ltd. (HVS), a joint venture between HMD of Korea and

 Vietnam Shipbuilding Industry Corporation (VINASHIN) of Vietnam, was established on 30th September 1996.

 HMD has devolved its ship repair and conversion business to HVS with its invaluable know-how and

experience gained from 30 years’ repair and conversion business.

Since its operation in 1999, HVS managed by HMD, has repaired more than 860 various type of vessels and

completed numerous heavy damage repairs, including Offshore Units (Platform), upgrading& life extension

 works, elongation of PCTC and conversion of Bulk Carriers.

Accumulating state-of-the-art new building technologies and skills through conversions and

general repairs, HVS has entered into new building in 2008.

No.1

CapacityDock Dimension (m) Crane

No.2

80, 000 D WT 260 x 45 x 13250 Ton x 2

30 Ton x 1

400 ,000 DW T 380 x 65 x 13

450 Ton x 1

80 Ton x 1

30 Ton x 1

Major Facilities [Dock & Quay]

No.1 (Dolphin East)

No.2 (Dolphin West)

Length / Depth (m)Quay Crane

No.3

No.4

500/8

500/8

250/8

100/8

30 Ton x 2

20 Ton x 1

30 Ton x 1 (Jib)

150 Ton x 1 (Crawler)

150 Ton x 1 (Crawler)

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 PRESTIGE CREATOR-HMD 254 PRESTIGE CREATOR

Global Network

HEAD OFFICE&

DOCKYARD1381, BANGEO-DONG, DONG-KU,

 ULSAN 682-712, KOREA

tel (82-52)250-3031~3040

fax (82-52)250-3056

e-mail [email protected]

 www.hmd.co.kr

SEOUL OFFICE15TH FL., HYUNDAI BLDG.,

140-2, KYE-DONG, CHONGRO-KU,

SEOUL 110-793, KOREA

tel (82-2)746-8647

fax (82-2)746-8625

HEAD OFFICE & SHIPYARD

LONDON2ND FLOOR, THE TRIANGLE,

5-17 HAMMERSMITH GROVE,

 LONDON, W6 0LG, U.K.

tel (44-20)8600-7133~5

fax (44-20)8748-5049

e-mail [email protected]

ATHENS73, POSSIDONOS AVE, EDEN MARE

COMPLEX, PALEO FALIRO,

ATHENS 175-62, GREECE

tel (30-210)428-2994/5

fax (30-210)428-2630

e-mail [email protected]

DUBAIOFFICE NO. 304-B AL SALEMIYAH

TOWER, DEIRA, DUBAI, U.A.E.

tel (971-4)229-3496

fax (971-4)229-3498

mobile (971-50)840-3112

e-mail [email protected]

TOKYO8TH FL., YURAKUCHO DENKI BLDG.,

1-7-1 YURAKU-CHO,

CHIYODA-KU, TOKYO,

100-0006, JAPANtel (81-3)3212-7941/2

fax (81-3)3213-8055

e-mail [email protected]

SINGAPORE7 TEMASEK BOULEVARD #41-02

SUNTEC CITY TOWER 1

038987 SINGAPORE

tel (65)6332-1011

fax (65)6332-1022

e-mail [email protected]

BRAZIL REEF CHARTERING LTDA

AVENIDA RIO BRANCO 45, ROOM 2512

CENTRO CEP 20.090-003,

 RIO DE JANEIRO, RJ - BRAZIL

tel (55-21)2516-9359

fax (55-21)2516-9093

FRANCECJP FANGA

78 RUE JEAN DE LA FONTAINE

75016 PARIS,

 FRANCE

tel (33-612)783-010

fax (33-140)280-966

GERMANY  ERNST RUSS GMBH & CO. KG

ALSTERUFER 10

20314 HAMBURG,

GERMANY

tel (49-40)41407-273

fax (49-40)41407-117

HONG KONGASIAN MARINE SERVICES LTD.

 ROOM 1809-10 TAI YAU BUILDING

 NO. 181 JOHNSTON ROAD WANCHAI,

 HONG KONGtel (852)2539-5011

fax (852)2539-5800

INDIASEA CRESTS SHIPPING

611-SAI CHAMBERS 6TH FLOOR

OPP. SANTACRUZ STATION (EAST),

 MUMBAI 400 055, INDIA

tel (91-22)6678-0973

fax (91-22)6678-0974

INDONESIA P.T ARPENI PRATAMA OCEAN LINE

 WISMA BSG 7TH FLOOR,

 JL ABDUL MUIS NO. 40

 JAKARTA 10160, INDONESIA

tel (62-21)350-5350

fax (62-21)380-3615

ISRAEL LIBIS ENGINEERING LTD.

8 AVIGDOR HAMEIRI ST.,

 HAIFA 35500,

ISRAEL

tel (972-4)833-5764

fax (972-4)831-2631

ITALY  BANCHERO COSTA& C. AG. MAR.

S.P.A. 2, VIA PAMMATONE

16121, GENOA, ITALY

tel (39-10)563-1628/9

fax (39-10)563-1602

THE NETHERLANDS EMHA TECHNISCH BUREAU B.V.

 RINGDIJK 520A

 P.O.BOX 54 2980 AB RIDDERKERK,

THE NETHERLANDS

tel (31-180)484-343fax (31-180)418-581

PAKISTANGOKAL SHIPPING & TRADING CORP., LTD.

GOKAL CHAMBERS BEACH HOTEL ROAD

34/A-5 LALAZAR DRIVE

 KARACHI-74000,

 PAKISTAN

tel (92-21)561-1001

fax (92-21)561-0760

TAIWAN EUROASI ENGINEERING &

TRADING CO., LTD.

5FL-3 NO. 167 SEC. 5,

 MIN SHEN EAST ROAD TAIPEI,

TAIWAN

tel (886-2)2760-5066

fax (886-2)2761-1210

TURKEY TURMAR MARINE SURVEY CONSULTANCY

& SHIPPING INC.

INONU CAD. TURABOGLU SOKAK

 HAMDIYE YAZGAN IS MERKEZI NO. 4 K. 3

 KOZYATAGI 81080 ISTANBUL,

TURKEY

tel (90-216)411-4575

fax (90-216)302-5087

OVERSEAS OFFICE OVERSEAS AGENT

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1381, Bangeo-dong, Dong-gu,

Ulsan 682-712, Korea

tel +82-52-250-3031~3040

fax +82-52-250-3056

www.hmd.co.kr