- CEO
- Ji-Yong Choi
- Full Time Employees
- 130
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Ulsan South Korea
- IPO Date
- Jan 26, 2024
- Business
- Hyundai Hyms Co., Ltd. is a South Korea-based manufacturing company specializing in the fabrication of shipbuilding blocks, marine outfitting equipment, and industrial gas generation systems. Founded in 2008 and headquartered in Pohang, Gyeongsangbuk-do, South Korea, the company operates as a key manufacturing partner to leading global shipbuilders, primarily supplying major shipbuilding enterprises including HD Hyundai Heavy Industries, HD Hyundai Samho, and HD Hyundai Mipo.
The company operates across three main business divisions: Shipbuilding Blocks, Ship Outfitting and Marine Equipment, and Environmental Machinery and Gas Systems. Its primary products and services include: large-scale curved and planar hull blocks, mega-blocks, and deckhouse assemblies for container vessels, bulk carriers, crude oil tankers, and liquefied natural gas (LNG) carriers; marine outfitting components, fabricated steel structures, pipe spools, and heavy equipment foundations; specialized cryogenic insulation assemblies and marine pressure vessels; and pressure swing adsorption (PSA) nitrogen and oxygen gas generation plants utilized for cargo blanketing, fuel purging, and marine emissions compliance, as well as general industrial gas supply.
In recent developments, Hyundai Hyms completed its initial public offering on the KOSDAQ market of the Korea Exchange in January 2024, raising growth capital to finance production capacity expansion and accelerate automated smart yard manufacturing across its primary production facilities in Pohang and Daebul, Yeongam. In response to global maritime environmental regulations and the commercial transition toward decarbonized shipping, the company has actively diversified its product portfolio to incorporate next-generation nitrogen generation systems engineered for alternative-fuel and dual-fuel vessels, while investing in research and development for onboard carbon capture and storage (OCCS) equipment and cryogenic fuel supply systems for ammonia and hydrogen applications. Furthermore, Hyundai Hyms continues to expand its strategic supply agreements with tier-one shipyards while deploying robotic welding and automated surface preparation technologies to optimize manufacturing throughput.