Hyundai Samho Heavy Industries (HSHI) announced today it recently gained an additional certificate of World-Class Product for 84,000 ㎥ LPG carriers that it delivered in 2015.
In 2015, HSHI delivered the second most numbers of LPG carriers worldwide with the global market share of 20.7%.
World-Class Product is a policy where Korea’s Ministry of Trade, Industry and Energy selects products that have over 5% global market share, rank within the Top 5 in their market, and have an international market worth over USD 50 million with exports of USD 5 million annually.
With the addition of the certificate, HSHI now holds the certificate for eight different types of ships including LNG carriers, very large containerships, and very large ore carriers.
An HSHI official said, “We see the addition of the certificate is the reflection of our long-term commitment to bringing quality ships meeting client’s expectations even under unfavorable market conditions.”