List of the largest shipbuilding companies

This is a list of the largest shipbuilding companies in 2016 (only companies with revenue of $5 bln. and more are listed):

Rank Company name Primary Industry 2024 Revenue
(USD billion)
2016 Revenue
(USD billion)
2015 Revenue
(USD billion)
2010 Revenue
(USD billion)
2009 Revenue
(USD billion)
2008 Revenue
(USD billion)
Headquarters Founded Employees (thousands) Executive head
1HD Hyundai Heavy IndustriesShipbuilding $8.9$33.89$39.33$19.67 Ulsan, South Korea197226.0 (2011)Lee Sang-kyun, President&CEO
2Mitsubishi Heavy IndustriesConglomerate $35.97 $28.952$39.10$41.87 Tokyo, Japan193463.5 (2011)Kazuo Tsukuda, Chairman; Hideaki Omiya, President
3China Shipbuilding Industry CorporationShipbuilding $42.15$10.36 Beijing, China1999
4China State Shipbuilding CorporationShipbuilding $10.291$29.88 Beijing, China1999
5STX Offshore & ShipbuildingShipbuilding $16.96$13.40 Jinhae, South Korea1962Jang Yoon-Gun, Chairman
6DSMEShipbuilding $10.98$12.76$11.40 Seoul, South Korea197825.0 (2010)Nam Sang-tae, President&CEO
7Samsung Heavy IndustriesShipbuilding $8.98$8.58$8.40 Geoje, South Korea197412.5 (2009)Kim Jing-Wan, Vice Chairman&CEO
8Sumitomo Heavy IndustriesConglomerate $6.59$6.02 (2014)$3.80 Tokyo, Japan188814.8 (2010)
9FincantieriShipbuilding $5.17 Trieste, Italy1937
10 United Shipbuilding Corporation Shipbuilding $5.1 Saint Petersburg, Russia 2007