South Korea’s three biggest shipbuilders log USD 22.448 billion H1 2026 revenue and USD 31.1 billion in new orders
South Korea’s three major shipbuilders—HD Korea Shipbuilding & Offshore Engineering (HD KSOE), Hanwha Ocean and Samsung Heavy Industries—posted combined first-half 2026 revenue of more than KRW 30 trillion and new orders exceeding USD 30 billion. In preliminary second-quarter results, the group reported revenue of KRW 8.927 trillion, up 20.2% year on year, and operating profit of KRW 1.6451 trillion, up 72.5%. Both figures topped market expectations.