Hhi Shipbuilding Group

O UR SHIPB UILD ING CAPAB ILIT IESWith 19 drydocks andmodern production facilities,HHI Shipbuilding Group canprovide the best solutions forour customers by producingall types and all sizes ofvessels with cutting-edgetechnologies.m2 in area1099.3 million5.6 milliongoliath cranesm2 in area19 14.3 million10 millionDWT in capacityAny Ship Typeof Any SizeHHI SHIPBUILDING DIVISION (Ulsan & Gunsan)drydocksdrydocksDWT in capacity VLCC/Suez/Aframax Tanker LNG Carrier/FSRU VLOC/Capesize Bulk Carrier PCTC/Ro-RoHMD (Ulsan) 5K Containership VLGC Drillshipdrydocks4m2 in area0.7 million1.5 millionDWT in capacity Product/Chemical Tanker MGC (LPGC, LEGC, LNGC, LNG Bunkering) PCTC Ro-Ro Con-Ro Feeder ContainershipHSHI (Mokpo)drydocks21berthm2 in area3.3 million2.3 millionDWT in capacity VLCC/Suez/Aframax Tanker LNG Carrier/FSRU VLOC/Capesize Bulk Carrier PCTC 5K Containership VLGC DrillshipHVS (Vietnam)drydocks2m2 in area1 million0.48 millionDWT in capacity Product/Chemical Tanker Handy/Panamax Bulk Carrier Feeder Containership

HY UNDAI HE AVY IND UST R IES2,020 ships300 shipowners9,300,000 m21,300 employees2*shipbuilding 8,800As the world’s leading shipbuilder, Hyundai HeavyIndustries Shipbuilding Group has 15% share of the worldshipbuilding market.The shipyard had its ground breaking in 1972 and hassince then delivered over 2,000 ships to about 300shipowners in 50 countries. HHI prides itself on itssterling record of client satisfaction.HHI’s shipbuilding facility is something that probablycannot be found anywhere else in the world. With a highlevel of automation and new production technologiesranging from welding robots and indoor production of40-meter long blocks to the environmentally controlledpaint shop, HHI offers a number of advantages: greaterproductivity gains, reduced building times and, above all,superb ship quality.FACILITIESDOCKNo. 1Size(Length)390 m(165 m)500 m672 m380 m380 m260 m170 m460 m460 m700 mSize(Width)80 m(47 m)80 m92 m65 m65 m43 m25 m70 m70 m115 mSize(Depth)12.7 m12.7 m13.4 m12.7 m12 m12 m11 m12.7 m12.7 m18 m1x900 T1x900 T1x1,650 TCrane(Goliath)Crane(Jib)Max. SizeDWTNo. 21x1,290 T2x450 TNo. 3No. 4No. 5No. 6No. 71x1,290 T2x450 TNo. 8No. 9Gunsan2x40 T2x30 T2x40 T2x30 T1x150 T1x80 T2x30 T1x20 T2x350 T1x200 T1x150 T1x80 T2x350 T1x200 T1x150 T1x80 T1x200 T1x150 T1x20 T1x200 T1x150 T1x20 T4x30 T1x20 T4x30 T1x20 T2x40 T1x30 00500,000500,0001,300,000Combined Length of Outffiting Quay: 7,400 m

H YU NDAI SAMH O H E AV Y IN D U ST RIES640 ships100 shipowners3,300,000 m23,700 employeesLeading the industry through cutting-edge technology andmodern equipment, HSHI, with a yard of 3.3 million , boastsan optimized process flow, from unloading shipbuildingmaterials to delivering finished products.The shipyard is surrounded by islands so the location itselfserves as a natural breakwater against typhoons, tsunamisand other natural disasters. The efficient yard layoutcoupled with cutting-edge facilities can deliver exceptionalcompetitiveness. Ever since our yard began to be constructedin 1992, HSHI has accumulated the world's best technologyand has built world-class Containerships, Tankers, Car Carriers,LNG Carriers, LPG Carriers and other ships.HSHI offers offshore plants on a turnkey basis includingsales, purchase, design, manufacturing, transportation, seaestablishment and test run. HSHI is also capable of buildingspecial oceanic projects in various fields such as Drillships,Semi-submersible Rigs, FPUs and FPSOs.FACILITIESDOCKNo. 1 DockNo. 2 DockNo. 1 BerthFloating DockSize (Length)504 m594 m492 m335 mSize (Width)100 m104 m65 m70 mSize (Depth)13 m13 m2 x 600 T2 x 900 T1 x 1,200 T4 x 40 T, 1 x 80 T2 x 40 T2 x 50 T2 x 45 T800,0001,000,000500,00080,000 T (Lifting)Crane (Goliath)Crane (Jib)Max. Size DWT24 mCombined Length of Outffiting Quay: 3,350 m

HY UNDAI MIPO D O C KYAR D950 ships140 shipowners700,000 m3,300 employees2Hyundai Mipo Dockyard (HMD), founded in 1975, has been acknowledgedas one of the leading and most versatile shipbuilders in the sectors ofmedium-sized conventional and specialized vessels.HMD has specialized in building the medium range Product/ChemicalTankers and Gas Carriers (LPGC, LEGC, LNGC, LNG Bunkering) and has muchexperience to build a wide range of ship types such as Containerships,Bulk Carriers, PCTCs, Container Ro-Ro Ships, Ro-Ro Ships, Asphalt Carriers,Offshore Supply Vessels, Drillships, Cable Layers, Pipe Layers, FPSO, CarFerry & Passenger Ships or any customized ship design.HMD is at the forefront of developing the latest “Eco & Green” designsto satisfy increasing global demand. HMD’s R&D team of experiencedand innovative designers using a state-of-the-art engineering system isconstantly searching to improve its portfolio of designs with the latestgeneration of engines, optimized hull forms and energy-saving andenvironmental-friendly technologies.Never resting on its past accomplishments, HMD will always move forwardto share its vision of a bright future with customers.FACILITIESDOCKNo. 1No. 2No. 3No. 4Size (Length)380 m380 m380 m295 mSize (Width)65 m65 m65 m76 mSize (Depth)12 m12 m12 m12 mCraneMax. Size DWTQUAYSize (Length)Crane6 x 200 T400,000No. 16 x 200 T400,000No. 2400,000No. 3350,000No. 5720 m195 m870 m480 m3 x 30 T / 1 x 20 T1 x 20 T4 x 30 TTower Cranes

H YU NDAI -V I N ASHIN S H IP YA R D80 ships17 shipowners1,000,000 m3,000 employees2In Vietnam, HMD has devolved its repair and conversionbusiness to Hyundai-Vinashin Shipyard (HVS) with itsinvaluable and accumulated know-how gained from repairand conversion business.Since its operation in 1999, HVS performed repair andconversion business including offshore units (platform),upgrading and life extension works, elongation of PCTCsand conversion of various type of ships.Accumulating diverse experience through repair andconversion business, HVS entered into the newbuildingbusiness in 2007 with the aim of building quality ships tocontribute world shipping industry.With good reputation on Product/Chemical Tanker and BulkCarrier sectors, HVS will mark its prestigious position in theworldwide shipbuilding industry with the full support fromHMD in engineering and procurement of material.FACILITIESDOCKNo. 1No. 2Size (Length)260 m380 mSize (Width)45 m65 mSize (Depth)13 m13 mCrane2 x 250 TMax. Size DWT1 x 450 T (Goliath) / 1 x 80 T / 1 x 30 T80,000400,000QUAYNo. 1No. 2No. 3No. 5Length500 m500 m250 m100 mCrane1 x 30 T1 x 30 T1 x 30 T1 x 30 T

OU R PR O DU CT R AN G ETA N K E RC O N TA I N E R S H I PLNGCARRIERLPGCARRI ERBULKCARRIERPCTCRO - ROS HI PD RILLS HI P

1TAN K ERHHI Shipbuilding Group is leading the tanker market with its streamlined eco-friendlydesigns, especially in VLCC (Very Large Crude Carrier) segment ever since its first deliveryin 1974. We are striving to take another leap in developing greener and more fuelefficient technology for tankers for the future as well as designing new systems for nextgeneration smart ships.WHY CHOOSE OUR ECO TANKER Highly skilled and fully qualified engineers providing best solution to environmentalregulations such as lower SOx limits Proven design with unparalleled performance records Satisfying customer’s needs by providing various technical solutions Hull form optimization Low friction paint Propulsion efficiency with energy saving devices Engine optimizationPRODUCT RANGE VLCC Suezmax/Aframax Tanker LR3/LR2/LR1 Product Tanker MR Product/Chemical Tanker Shuttle Tanker Asphalt Carrier Methanol Carrier1. HSHI: 318,000 DWT VLCC for Samco2. HHI: 157,000 DWT Shuttle Tanker for KNOT3. HSHI: 115,000 DWT Crude Oil Tanker for Sovcomflot4. HHI: 115,000 DWT P/C for Kyklades5. HHI: 320,000 DWT VLCC for ASC2345

1TAN K ER345MIPO PRODUCT & CHEMICAL TANKER The prestige Product/Chemical Tankers so called "MIPO TANKER" gained a reputationas a world best Tanker from the incomparable performances over 600 vessels with itsunbeatable high technology and premium quality.61. HSHI: 159,000 DWT Crude Oil Tanker for Diamond S. Shipping2. HMD: 75,000 DWT P/C for Gulf Energy Maritime3. HMD: 50,000 DWT P/C (methanol fuelled) for Westfal-Larsen4. HMD: 37,000 DWT P/C for CIDO Shipping5. HMD: 50,000 DWT P/C for Scorpio Tankers6. HMD: 30,000 DWT Asphalt Carrier for Wisby Tankers2

CON TA I N E R SH I PHHI Shipbuilding Group boasts the world’s largestperformance record in this Containership segment. HHI’sUlsan yard can construct as many as 20 units, while HSHIcan construct as many as 16 units of 14,000-TEU-or-morecontainership (Ultra Large Containership) per year.1. HHI: 19,200 TEU Containership for MSC2. HHI: 14,500 TEU Containership for UASC3. HSHI: 10,500 TEU Containership for Hapag-Lloyd4. HSHI: 9,000 TEU Containership for Asiatic Lloyd5. HMD: 2,800 TEU Containership for PIL6. HMD: 1,900 TEU Containership for CK Line7. HMD: 1,000 TEU Containership for CK Line2345671WHY CHOOSE OUR CONTAINERSHIP Highly skilled and fully qualified engineers Proven design with unparalleled performance records Satisfying customer’s needs by providing various technical solutions Low friction paint Engine optimizationMIPO CONGREEN HMD Green Containership so called “CONGREEN 2000” provides customers with aninnovative design which ensures maximized cargo capacity with superlative speedperformances in Feeder Containership segment by using neo optimization technique ofHyundai Mipo Dockyard.PRODUCT RANGE 19,000/16,000/14,000/11,000/9,000 TEU Containership 2,500/1,800/1,600/1,000 TEU Containership

LN G CAR R I E R , F S R U & BVHHI Shipbuilding Group is the world's leader in newbuildingof LNG (Liquefied Natural Gas) Carriers and FSRUs (FloatingStorage & Regasification Unit) with extensive experienceand accumulated know-hows.We are the only shipbuilder in the world capable ofproviding both membrane and moss-type solutions forLNG cargo containment. We also offer a wide range ofpropulsion systems including XDF, MEGI and TFDE, allowingus to meet our clients’ various operational and technicalrequirements.123451. HHI: 176,000 CBM LNG Carrier (Membrane) for Knutsen2. HHI: 170,000 CBM LNG FSRU (Membrane) for Hoegh LNG3. HSHI: 162,000 CBM LNG Carrier (Membrane) for Maran Gas4. HHI: 150,000 CBM LNG Carrier (Moss) for MISC5. HMD’s newly developed 6,600 CBM LNG Bunkering VesselHHI Shipbuilding Group is always attentive to the needsof our clients and we are constantly striving to offerinnovative solutions. With such efforts, we have wonthe world’s first order for FSRU in 2011. Since then, HHIShipbuilding Group has managed to sustain its globalleadership by continuously coming up with more costeffective solutions that make our FSRUs more competitive.In line with the market trend, we also offer high-qualityLNG Bunkering Vessels (BV) for which we won our firstorder in 2016.WHY CHOOSE OUR LNG CARRIER Low FOC: Hull form, propeller & rudder optimization Energy saving devices: Hi-Rudder & Hi-Fin Low BOR: 0.085% with membrane Mark III cargo containmentsystem Wide-range of BOG management solutions are providedincluding Hi-ERS, SMR & Hi-SGAS ready for customizationWHY CHOOSE OUR FSRU Performance proven by successful deliveries & operations Reliable design of indirect-heating regasification system(Hi-ReGAS) Engineering capabilities to satisfy client’s diverse operationalrequirements (reliquefaction plant, mooring system, MSOcompressor, etc)WHY CHOOSE OUR LNG BV BOG management: Dual fuel engine & semi-pressurized tanks High maneuverability: bow/stern thrusters Efficient operation: Power take-off & power take-homePRODUCT RANGE 180,000/174,000 CBM Membrane LNG Carrier,173,000 CBM Moss LNG Carrier 180,000/170,000 CBM LNG FSRU 30,000/20,000/10,000 CBM LNG Carrier 15,000/7,500/6,600 CBM LNG BV

LPG CA R R I E RHHI Shipbuilding Group dominates the LPG Carrier marketby its technological superiority and outstanding quality. Inconsequence, HHI Shipbuilding Group is maintaining 40%market share of VLGC order-book and 45% market shareof VLGC fleet. Also, we are maintaining 70% market shareof MGC order-book and 61% market share of MGC fleet.Our constant innovation has resulted in the applicationof the world’s first flame-retarding insulation thatwas developed in cooperation with insulation systemmanufacturers to LPG Carrier’s cargo tank.1. HSHI: 84,000 CBM LPG Carrier for Geogas2. HHI: 84,000 CBM LPG Carrier for KSS Line3. HHI: 82,000 CBM LPG Carrier for Petredec4. HHI: 60,000 CBM LPG Carrier for Yara5. HMD: 38,000 CBM LPG Carrier for West Africa LPG6. HMD: 22,000 CBM LPG Carrier for Navigator Gas7. HMD: 12,000 CBM Ethylene Carrier for Eletson2345671WHY CHOOSE OUR LPG CARRIER Deep experience and knowledge High technology Engineering capabilities and first-class production facilities Magnificent performance records with the lion’s share of the world VLGC order-book Proven designs Customer oriented technology (Cargo manifold flexibility: OCIMF & Japanese Ports Compliance,enhanced re-liquefaction plant) Flexibility in responding to the client’s technical request Flexible building capacity LPG Carrier oriented newbuilding facilities LPG Tank fabrication shop Berths specialized for building LPG CarriersPRODUCT RANGE VLGC (84,000/79,300 CBM LPG Carrier)* 79,300 CBM LPG Carrier is the maximum available design for old Panama canal transit (Patent Filed) LGC (60,000 CBM LPG Carrier) MGC (38,000/22,600/22,000 CBM LPG Carrier) 37,000/21,000/12,000 CBM Ethylene Carrier

BU L K CAR R I E R ,PCTC & R O -R O SH IPDelivering around 22% of the world’s total VLOC fleets, HHI ShipbuildingGroup confidently takes on every challenge that the bulk carrier ownersrequire. We have created a new era of Bulk Carrier construction with securingan order of world’s first LNG-Fueled Bulk Carrier.HHI Shipbuilding Group, dominating one sixth of world PCTC fleet, deliversinnovative and sustainable vessels to ocean-transport and logisticscompanies for carrying automobiles and other rolling cargo.PRODUCT RANGE Bulk Carrier Car Carrier Ro-Ro Ship Con-Ro Ship Ro-Ro Passenger Ship (ROPAX)1234561. HHI: 323,000 DWT VLOC for Bergesen D.Y. A/S2. HSHI: 250,000 DWT VLOC for SK Shipping3. HSHI: 8,000 UNIT PCTC for Wilhelmsen Lines4. HMD: 7,700 UNIT PCTC for Ray Shipping5. HHI: 3,400 L.M. ROPAX for Stena RoRo6. HMD: 10,800 DWT Ro-Ro Ship for Grimaldi

123DRI LLSH I P4Since HHI Shipbuilding Group’s first drillship was appraised byour customer with its excellent performance, HHI has deliveredabout 20 drillships to various drillship owners.WHY CHOOSE OUR DRILLSHIP Purpose-built drillship design Large free deck area Better position keeping Protected under deck passageway with electric cable/UtilityLine Arrangement Canister Type Retractable Thruster (Optional)PRODUCT RANGE Drillship (HHI-HD12000, HHI-GUSTO P10000) Semi-submersible Rig1. HHI: Semi-submersible Rig for Diamond Offshore2. HHI: Drillship for Noble3. HHI: Drillship for Transocean4. HHI: Drillship for Fred Olsen

HHISH I PBU I L D I N GGROU P ' SIN T EGR AT I O NF O R : R E S E A R C H & DEV ELOP MENTQ UA LI T Y M A NAG EMENTHE A LTH, SA F E T Y &E N V I R O N M ENTAL MANAG EMENTC U STO M E R SER V I C ES- HYU N DAI G LOB AL SER V I C E ( H G S)LI F E AT HHI

RESE A R CH & DE V E LOP M E N THHI'S VISION FOR R&DR&D GOALSTOWARDSTECHNOLOGICALLEADERSHIPIN HEAVYINDUSTRYSECTORSTRATEGIC DIRECTIONDIFFERENTIATEDTECHNOLOGYDevelop producttechnology and itsapplications with highenergy efficiency thatcan maximise customerconvenienceADVANCEDTECHNOLOGYDevelop technologyand products thatmeet internationalregulations and environment and socialimpactHHI Shipbuilding Group’s shipyards are technologically supported from HHI Corporate ResearchCenters and business divisions’ research institutes.HHI Group’s R&D activities and targets are strictly aligned to key tasks to strengthen sales,technology and competitiveness through differentiated, advanced and robust technology. Ourinnovations are always oriented toward creating more values for our customers as market-driventechnologies.ROBUSTTECHNOLOGYLocalize productionfacilities and developoptimal processes forcompetitive advantage, productivity andprofitabilityPhotovoltaic andenergy storage e and propulsion; Ship motionand maneuverability;Structure research; Manufacturing andmeasuring researchesR&D ORGANIZATIONCORPORATERESEARCHCENTERSDeveloping companywide general and coretechnologies and proprietary technologies fornew growth engines TE (HIRI)OVERSEASRESEARCHCENTERSIdentifying global R&Dtrends and collaboratingwith overseas instituteBUSINESSDIVISIONRESEARCHCENTERDeveloping new technologies and products,and focusing on flagshipproducts to CONSTRUCTIONEQUIPMENTRESEARCHINSTITUTEWelding; Material andautomation protectivecoating ONVERGENCERESEARCHINSTITUTEConstruction equipment systems:Control and reliability researchesNoise & Vibration; Oceanindustry engineering;Energy and power plantengineering; Environmental researchBUSINESSDIVISIONRESEARCHCENTERENGINE &MACHINERYRESEARCHINSTITUTESmart ships, Engines,factory systems; Medical robots and devicesPower conversion;electric power machinery;System control;Electrical engineering researchesEngine systems;Robotics;Fluid machineryresearches

HE ALT H, SAFE T Y & ENVIR O NMENTALMANAG EMENTQ UALI T Y M AN AG E M E N TQUALITYMANAGEMENTPOLICYHHI Group has established a strict quality management system to provide high quality productsand services, earning customers’ trust and confidence from customers, and meeting legal andregulatory requirements by: Minimizing the quality failure cost Establishing the standardization of design and production Setting up a cooperative system for quality controlMISSIONHSE SLOGANBACK TO THE BASICSHSE POLICYHHI Shipbuilding Group implements the group-wide integrated HSE policies to reduce risk ofaccidents at worksites, to enhance health of our workers and to minimize any environmental impactarising from all our processes of building ships.Above all, safety is our top priority that we should abide by to provide high quality ships to ourclients on time and to guarantee all workers’

Changzhou, China Yantai, China Yangzhong, China Shanghai, China Jiang Su, China Beijing, China Tokyo, Japan Vladivostok, Russia Ulsan (HHI), Korea Ulsan (HMD), Korea . carrier for Hyundai Merchant Marine 1996 [HHI] HHI completed drydocks No.8 & 9 at No.2 yard, dedicated to building VLCCs 1996 HMD ENTERED INTO NEWBUILDING BUSINESS