HJ Shipbuilding & Construction



HJ Shipbuilding & Construction Company, Ltd., formerly Korea Shipbuilding & Engineering Corporation and Hanjin Heavy Industries & Construction Co. Ltd. , is a South Korean-based multinational shipbuilding company, founded in 1937 as  Chosun Heavy Industries Co., Ltd..

Scandals
7 July, Thousands of protesters clashed with the police in a demonstration against layoffs in Yeong-do, Busan, and Police fired water cannons with diluted tear-water solution on the crowds after warning the crowds to disperse on the streets.

In late September, 2020, the Korea Development Bank (KDB), the main creditor and largest shareholder, announced it would sell all or part of its stake in HHIC. KDB owns 83.45 percent of shares in HHIC. On December 14, 2020, KDB announced that Dongbu Construction, Keithton Partners, and SM Merchant Marine are bidding to acquire HHIC.

In July 2021, the company announced that it had completed the second ship of the Dokdo-class amphibious assault ship for the Republic of Korea Navy, named the ROKS Marado.