- Business
- HD-Hyundai Marine Engine Co., Ltd. manufactures and sells marine engines, marine equipment including turbochargers and crankshafts, industrial power generation plants, wind equipment, and shipbuilding equipment; it provides comprehensive after-sales services such as engine maintenance, regenerative repair, parts supply, technical support, crew training, and eco-friendly solutions including dual-fuel and low-emission technologies. Founded in 1976 and headquartered at 222 Jeokyheon-ro, Changwon-si, Gyeongsangnam-do, South Korea, the company operates primarily in South Korea with international sales of engines and components to shipyards worldwide; it serves commercial shipping, LNG carriers, power generation, and defense sectors through its engine design, production exceeding 15 million horsepower cumulatively, and specialized facilities for precision manufacturing. In July 2024, the company changed its name from STX Heavy Industries Co., Ltd. to HD-Hyundai Marine Engine Co., Ltd., reflecting its integration within the HD Hyundai group; it continues to pioneer eco-friendly innovations as the first to domestically produce dual-fuel engines for LNG carriers and achieve world's first LPG dual-fuel engine trial operation with ME-LGIP production, while expanding turbocharger output beyond 20,000 units and packaged dock maintenance solutions.