Shinhan Heavy Industry, established in September 1990, a company primarily manufacturing Deck Houses for ships. Its growth into a specialized production base for Living Quarters and Topside Modules, key components of offshore plants, in a previously undeveloped domestic market. The company's acquisition by Daewoo Shipbuilding & Marine Engineering in 2007, a testament to its recognized technological prowess. Its current position as a global comprehensive plant module manufacturing company, competitive in both offshore and onshore plant sectors. A specialized enterprise with robust technological capabilities in metal structure manufacturing and other structural metal product industries.ShinhanHeavyIndustry,establishedinSeptember1990,acompanyprimarilymanufacturingDeckHousesforships.ItsgrowthintoaspecializedproductionbaseforLivingQuartersandTopsideModules,keycomponentsofoffshoreplants,inapreviouslyundevelopeddomesticmarket.Thecompany'sacquisitionbyDaewooShipbuilding&MarineEngineeringin2007,atestamenttoitsrecognizedtechnologicalprowess.Itscurrentpositionasaglobalcomprehensiveplantmodulemanufacturingcompany,competitiveinbothoffshoreandonshoreplantsectors.Aspecializedenterprisewithrobusttechnologicalcapabilitiesinmetalstructuremanufacturingandotherstructuralmetalproductindustries.
Key Products/TechnologiesKeyProducts/Technologies
Manufacturing technology for Deck Houses and EC (Engine Casing) for ships.ManufacturingtechnologyforDeckHousesandEC(EngineCasing)forships.
Production capabilities for Fore / Aft Blocks and other ship component parts.ProductioncapabilitiesforFore/AftBlocksandothershipcomponentparts.
Specialized manufacturing technology for Living Quarters, which are accommodation units for offshore drilling facilities.SpecializedmanufacturingtechnologyforLivingQuarters,whichareaccommodationunitsforoffshoredrillingfacilities.
Expertise in producing Topside Modules and other offshore plant modules.ExpertiseinproducingTopsideModulesandotheroffshoreplantmodules.
Production of E & I Buildings (Electrical & Instrumentation Buildings) and related technologies for ME-GI FGSS (Methane-Ethane Gas Injection Fuel Gas Supply System).ProductionofE&IBuildings(Electrical&InstrumentationBuildings)andrelatedtechnologiesforME-GIFGSS(Methane-EthaneGasInjectionFuelGasSupplySystem).
Technologies related to MEGI-REL (Methane-Ethane Gas Injection - Reliquefaction) and SCR (Selective Catalytic Reduction) systems.TechnologiesrelatedtoMEGI-REL(Methane-EthaneGasInjection-Reliquefaction)andSCR(SelectiveCatalyticReduction)systems.
Capabilities in manufacturing various offshore plant modules, including Pontoons and Helidecks.Capabilitiesinmanufacturingvariousoffshoreplantmodules,includingPontoonsandHelidecks.
Core AdvantagesCoreAdvantages
Unique technological expertise and specialization in ship accommodation and offshore plant modules, accumulated since 1990.Uniquetechnologicalexpertiseandspecializationinshipaccommodationandoffshoreplantmodules,accumulatedsince1990.
A pioneering position established by developing the domestic market for Living Quarters and Topside Modules, which were previously uncultivated areas.ApioneeringpositionestablishedbydevelopingthedomesticmarketforLivingQuartersandTopsideModules,whichwerepreviouslyuncultivatedareas.
Proven technological capabilities and quality management systems, validated through its acquisition by Daewoo Shipbuilding & Marine Engineering.Proventechnologicalcapabilitiesandqualitymanagementsystems,validatedthroughitsacquisitionbyDaewooShipbuilding&MarineEngineering.
Comprehensive plant module manufacturing capabilities, expanded to include onshore plant modules in addition to offshore plants.Comprehensiveplantmodulemanufacturingcapabilities,expandedtoincludeonshoreplantmodulesinadditiontooffshoreplants.
Possession of a large-scale waterfront site of approximately 210,000 pyeong (about 694,000 square meters) within the Ulsan Onsan National Industrial Complex, indicating potential for future business expansion.Possessionofalarge-scalewaterfrontsiteofapproximately210,000pyeong(about694,000squaremeters)withintheUlsanOnsanNationalIndustrialComplex,indicatingpotentialforfuturebusinessexpansion.
Securing differentiated competitive advantages through continuous R&D investment and expansion of its technology portfolio.SecuringdifferentiatedcompetitiveadvantagesthroughcontinuousR&Dinvestmentandexpansionofitstechnologyportfolio.
Superior technological completeness and commercialization capabilities compared to major competitors, supported by extensive project execution history.Superiortechnologicalcompletenessandcommercializationcapabilitiescomparedtomajorcompetitors,supportedbyextensiveprojectexecutionhistory.
Target IndustrieTargetIndustrie
Shipbuilding industry, specifically in vessel construction.Shipbuildingindustry,specificallyinvesselconstruction.
Offshore industry, including offshore plant facilities and drilling equipment.Offshoreindustry,includingoffshoreplantfacilitiesanddrillingequipment.
Onshore plant industry, focused on module manufacturing.Onshoreplantindustry,focusedonmodulemanufacturing.
Manufacturing sector for other structural metal products.Manufacturingsectorforotherstructuralmetalproducts.
Major MarketsMajorMarkets
Certifications/PatentsCertifications/Patents
Possession of a patent portfolio based on proprietary core technologies.Possessionofapatentportfoliobasedonproprietarycoretechnologies.
A track record of project execution demonstrating expertise in relevant fields.Atrackrecordofprojectexecutiondemonstratingexpertiseinrelevantfields.
Technological recognition through its incorporation as a subsidiary of Daewoo Shipbuilding & Marine Engineering in 2007.TechnologicalrecognitionthroughitsincorporationasasubsidiaryofDaewooShipbuilding&MarineEngineeringin2007.