Korean Shipbuilding Industry
The Korean shipbuilding industry is one of the largest and most advanced in the world, known for its high-quality vessels and innovative technology. Major companies like Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, and Samsung Heavy Industries dominate the market, producing a variety of ships, including container ships, oil tankers, and LNG carriers.
This industry plays a crucial role in South Korea's economy, contributing significantly to exports and employment. The government supports shipbuilding through policies and investments, ensuring that the sector remains competitive globally while focusing on sustainable practices and advanced ship designs.