HD Hyundai Marine Solution Asset Profile

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Year established

2016

Location

Busan South Korea

Primary Industry

Ship Building & Repair

About

Founded in 2016 and based in Busan, South Korea, HD Hyundai Marine Solution, formerly Hyundai Global Service and a subsidiary of Hyundai Heavy Industries, is a company that provides ship repair and maintenance services. HD Hyundai Marine Solution began in South Korea operating in Asia and later expanded into Europe and the Americas. Through its digital solutions, the company provides digital transformation to establish an integrated smart ship environment. The various services the company provides include optimization of operating efficiency of a ship, by analyzing ship navigation and equipment operation data. HD Hyundai Marine Solution generates revenue by providing its smart ship solutions to customers in the marine transportation industry, primarily large cargo ships. The company's digital solutions enable transportation companies to access data in real-time and the company also partners with Hyundai Heavy Industries to supply large engine parts and provide technical support. The company plans to expand into new growth areas such as robotics, artificial intelligence, and its hydrogen business.

Current Investors

KKR

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Primary Industry

Ship Building & Repair

Sub Industries

Freight Transportation Services, Ship Building & Repair, Logistics Software

Website

www.hd-marinesolution.com

Verticals

Cloud Computing, IoT (Internet of Things), Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

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