Hyundai Heavy's Record Production Milestone of 100 Million BHP in Marine Engines
Sep. 29, 2010 - Hyundai Heavy Industries has achieved an unprecedented aggregate production of 100 million brake horsepower in two-stroke engines.
Hyundai Heavy set the record in just 31 years after its first marine diesel engine in 1979.
Hyundai Heavy celebrated the landmark by holding a ceremony for the production milestone with the completion of the 3,369th engine with 39,800 bhp and the 3,370th engine with 43,000 bhp for very large crude oil carriers for Hanjin Shipping and DK Maritime, respectively, on September 29 in Ulsan, Korea.
The company produced its first marine engine in June 1979. After reaching the 10 million bhp mark in 1992, it subsequently reached the milestone of 20 million bhp in 1997, 30 million bhp in 2001, 40 million bhp in 2003, and 50 million in 2005. Since 2001, the company had produced 10 million bhp every two years.
Hyundai Heavy has expanded its production capacity to 10 million bhp a year with continuous improvement of technology and facility expansion. The company reached 60 million bhp in 2006, 70 million bhp in 2007, 80 million bhp in 2008, and 90 million bhp in 2009.
Since 1987 HHI has maintained its position as the most prolific manufacturer of two-stroke engines, holding 35% of the global marine engine market.
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Hyundai Heavy Industries Co., Ltd. (HHI) is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. It has seven business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro & Electric Systems, Construction Equipment, and Green Energy.
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