[Photo by Hyundai Heavy Industries]
Hyundai Heavy Industries Co. celebrated shipping out its 5000th ship propeller. It holds a ceremony for shipment of the propeller which is 10.6 meters in diameter with a weight of 77 tons at its shipyard in Ulsan on Friday to mark the milestone. It built its first propeller in October 1985. Hyundai Heavy is the only shipbuilder in Korea that can construct mid-and large-size propeller with a weight of over 40 tons. The company has constructed more than 200 units of propeller a year since 2000 and commands 31 percent of the global market as of 2015. The 5000th propeller will go on a Greek shipping company Thenamaris’s 30 ton crude oil carrier under construction by Hyundai Heavy.
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