Information
67 Gongdan-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
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Overview
- Summary
- Hanwha Engine Co., Ltd. is a comprehensive engine manufacturer specializing in large marine diesel engines, diesel/gas power generation, and engine components. The company focuses on producing high-performance engines and parts for the aerospace, defense, and energy sectors. It maintains a global competitive edge through advanced technology and continuous R&D, aiming for expansion into eco-friendly energy and future mobility fields. Notably, it holds the world's second-largest market share in low-speed marine engines, leading the development of eco-friendly engine solutions.Hanwha Engine Co., Ltd. is a comprehensive engine manufacturer specializing in large marine diesel engines, diesel/gas power generation, and engine components. The company focuses on producing high-performance engines and parts for the aerospace, defense, and energy sectors. It maintains a global competitive edge through advanced technology and continuous R&D, aiming for expansion into eco-friendly energy and future mobility fields. Notably, it holds the world's second-largest market share in low-speed marine engines, leading the development of eco-friendly engine solutions.
- Key Products/Technologies
- Marine Diesel Engines: Capable of producing large marine low-speed diesel engines ranging from 700 to 115,000 horsepower. The company pioneered the commercialization of dual-fuel (DF) engines for ships, developing high-pressure DF engines in 2013 and low-pressure DF engines in 2016. In 2022, it completed its eco-friendly engine lineup with the development of low-pressure DF engines equipped with Exhaust Gas Recirculation (EGR) systems. Recently, it successfully produced X-DF engines with Variable Compression Ratio (VCR) technology for LNG carriers, demonstrating advanced eco-friendly capabilities. It leads the development and commercialization of next-generation eco-friendly marine engines fueled by methanol and ammonia.Marine Diesel Engines: Capable of producing large marine low-speed diesel engines ranging from 700 to 115,000 horsepower. The company pioneered the commercialization of dual-fuel (DF) engines for ships, developing high-pressure DF engines in 2013 and low-pressure DF engines in 2016. In 2022, it completed its eco-friendly engine lineup with the development of low-pressure DF engines equipped with Exhaust Gas Recirculation (EGR) systems. Recently, it successfully produced X-DF engines with Variable Compression Ratio (VCR) technology for LNG carriers, demonstrating advanced eco-friendly capabilities. It leads the development and commercialization of next-generation eco-friendly marine engines fueled by methanol and ammonia.
- Diesel/Gas Power Generation: Specializing in the construction and maintenance of diesel power plants up to 200MW. Provides comprehensive services, including design, manufacturing, construction, and operation of medium- and low-speed diesel/gas engine-based internal combustion power plants globally. Supplies eco-friendly diesel power generation facilities to emerging countries and island regions with insufficient power infrastructure. Recognized for the quality and performance of its emergency generators supplied for nuclear power plants.Diesel/Gas Power Generation: Specializing in the construction and maintenance of diesel power plants up to 200MW. Provides comprehensive services, including design, manufacturing, construction, and operation of medium- and low-speed diesel/gas engine-based internal combustion power plants globally. Supplies eco-friendly diesel power generation facilities to emerging countries and island regions with insufficient power infrastructure. Recognized for the quality and performance of its emergency generators supplied for nuclear power plants.
- Engine Components: Supplies a wide range of essential genuine parts and services for marine and power generation engines through its global network. Key components include cylinder liners, piston crowns, fuel pumps, and piston rings. Committed to realizing customer value based on its 'Best Speed, Best Quality, Best Price' (3B) policy.Engine Components: Supplies a wide range of essential genuine parts and services for marine and power generation engines through its global network. Key components include cylinder liners, piston crowns, fuel pumps, and piston rings. Committed to realizing customer value based on its 'Best Speed, Best Quality, Best Price' (3B) policy.
- Eco-friendly Equipment (SCR Business): Developed and commercialized the proprietary eco-friendly DeNOx system (DelNOx) to effectively meet nitrogen oxide emission regulations in marine and industrial sectors. Developed and supplied in compliance with IMO-Tier III regulations, it achieved the world's first commercialization of a low-temperature DeNOx system for ships. Obtained Approval in Principle (AIP) from the Korean Register (KR) for its Ammonia Fuel Supply System (AFSS) for 93K eco-friendly Very Large Ammonia Carriers (VLACs), leading future eco-friendly ship technology.Eco-friendly Equipment (SCR Business): Developed and commercialized the proprietary eco-friendly DeNOx system (DelNOx) to effectively meet nitrogen oxide emission regulations in marine and industrial sectors. Developed and supplied in compliance with IMO-Tier III regulations, it achieved the world's first commercialization of a low-temperature DeNOx system for ships. Obtained Approval in Principle (AIP) from the Korean Register (KR) for its Ammonia Fuel Supply System (AFSS) for 93K eco-friendly Very Large Ammonia Carriers (VLACs), leading future eco-friendly ship technology.
- Hybrid Propulsion Systems: Collaborating with Hanwha Power Systems and Hanwha Aerospace to jointly develop battery hybrid propulsion systems. Integrated Hanwha Aerospace's Maritime Digital Solutions (MDS) division into Hanwha Engine, establishing a comprehensive supply chain from engines to Energy Storage Systems (ESS). Aims to optimize engine-power systems based on medium-speed engine technology to maximize fuel efficiency and minimize carbon emissions.Hybrid Propulsion Systems: Collaborating with Hanwha Power Systems and Hanwha Aerospace to jointly develop battery hybrid propulsion systems. Integrated Hanwha Aerospace's Maritime Digital Solutions (MDS) division into Hanwha Engine, establishing a comprehensive supply chain from engines to Energy Storage Systems (ESS). Aims to optimize engine-power systems based on medium-speed engine technology to maximize fuel efficiency and minimize carbon emissions.
- Core Advantages
- World-Class Production Capacity and Market Share: Possesses a world-leading production capacity of 14 million horsepower annually. Maintains the world's second-largest market share in large marine low-speed engines, positioning itself as a global leader. Achieved the shortest cumulative engine production of 50 million horsepower globally, demonstrating its technological prowess and production efficiency.World-Class Production Capacity and Market Share: Possesses a world-leading production capacity of 14 million horsepower annually. Maintains the world's second-largest market share in large marine low-speed engines, positioning itself as a global leader. Achieved the shortest cumulative engine production of 50 million horsepower globally, demonstrating its technological prowess and production efficiency.
- Leading Eco-friendly Engine Technology: Pioneered the commercialization of dual-fuel (DF) engines for ships, securing a key technology in the eco-friendly vessel market. Proactively responds to environmental regulations with its proprietary eco-friendly DeNOx system (DelNOx) and the world's first VCR engine for LNG carriers. Leads the development of next-generation carbon-free fuel engine technologies, including the AIP acquisition for its Ammonia Fuel Supply System (AFSS).Leading Eco-friendly Engine Technology: Pioneered the commercialization of dual-fuel (DF) engines for ships, securing a key technology in the eco-friendly vessel market. Proactively responds to environmental regulations with its proprietary eco-friendly DeNOx system (DelNOx) and the world's first VCR engine for LNG carriers. Leads the development of next-generation carbon-free fuel engine technologies, including the AIP acquisition for its Ammonia Fuel Supply System (AFSS).
- Comprehensive Engine Solution Provider: Operates an integrated service system covering marine engine design, production, sales, and after-sales service. Provides comprehensive services for diesel/gas power plants, including design, manufacturing, construction, operation, and maintenance. Enhances customer satisfaction through global network-based engine component supply and technical support.Comprehensive Engine Solution Provider: Operates an integrated service system covering marine engine design, production, sales, and after-sales service. Provides comprehensive services for diesel/gas power plants, including design, manufacturing, construction, operation, and maintenance. Enhances customer satisfaction through global network-based engine component supply and technical support.
- Hanwha Group Synergy and Stable Supply Chain: Ensures stable engine supply to major domestic shipbuilders like Hanwha Ocean, strengthening the group's shipbuilding value chain. Creates synergy in marine electrification and hybrid propulsion system development through collaborations with Hanwha Power Systems and Hanwha Aerospace. Boasts independent competitiveness with 73% of its clientele being non-Hanwha group companies.Hanwha Group Synergy and Stable Supply Chain: Ensures stable engine supply to major domestic shipbuilders like Hanwha Ocean, strengthening the group's shipbuilding value chain. Creates synergy in marine electrification and hybrid propulsion system development through collaborations with Hanwha Power Systems and Hanwha Aerospace. Boasts independent competitiveness with 73% of its clientele being non-Hanwha group companies.
- Technology Development and Quality Management System: Leads the development of world-class eco-friendly and high-performance diesel engines and technologies through continuous R&D investment. Possesses experience in producing the world's first and largest electronically controlled marine engines. Maintains high-quality standards by meeting certification body requirements and continuously improving its quality management system.Technology Development and Quality Management System: Leads the development of world-class eco-friendly and high-performance diesel engines and technologies through continuous R&D investment. Possesses experience in producing the world's first and largest electronically controlled marine engines. Maintains high-quality standards by meeting certification body requirements and continuously improving its quality management system.
- Global Network and Customer-Centric Services: Ensures timely supply of required parts through a multinational sales network. Operates a flexible service system that proactively responds to diverse customer needs and stringent environmental regulations. Contributes to realizing customer value through its global service network.Global Network and Customer-Centric Services: Ensures timely supply of required parts through a multinational sales network. Operates a flexible service system that proactively responds to diverse customer needs and stringent environmental regulations. Contributes to realizing customer value through its global service network.
- Target Industrie
- Shipbuilding Industry (large marine engines, eco-friendly ship engines)Shipbuilding Industry (large marine engines, eco-friendly ship engines)
- Power Generation Industry (diesel/gas power plants, emergency generators)Power Generation Industry (diesel/gas power plants, emergency generators)
- Marine Industry (marine decarbonization and digitalization solutions, eco-friendly equipment)Marine Industry (marine decarbonization and digitalization solutions, eco-friendly equipment)
- Defense Industry (considering re-entry into medium/high-speed engine business for warships, submarines, defense vehicles)Defense Industry (considering re-entry into medium/high-speed engine business for warships, submarines, defense vehicles)
- Major Markets
- African developing countriesAfrican developing countries
- China, Asian developing countriesChina, Asian developing countries
- Germany, GreeceGermany, Greece
- Latin American regionLatin American region
- Certifications/Patents
- Capability to develop and supply eco-friendly DeNOx systems (DelNOx) that meet IMO-Tier III regulations.Capability to develop and supply eco-friendly DeNOx systems (DelNOx) that meet IMO-Tier III regulations.
- Obtained conformity certification for IMO Tier 3 nitrogen oxide emission regulations from DNV Classification Society.Obtained conformity certification for IMO Tier 3 nitrogen oxide emission regulations from DNV Classification Society.
- Received Approval in Principle (AIP) from the Korean Register (KR) for its Ammonia Fuel Supply System (AFSS) for 93K eco-friendly Very Large Ammonia Carriers (VLACs).Received Approval in Principle (AIP) from the Korean Register (KR) for its Ammonia Fuel Supply System (AFSS) for 93K eco-friendly Very Large Ammonia Carriers (VLACs).
- Established a quality management system through continuous maintenance and improvement of quality requirements.Established a quality management system through continuous maintenance and improvement of quality requirements.
Introduction
Location
67 Gongdan-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
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