• Sections of a ship stand under construction at the Hyundai Heavy Industries shipyard.
    Sections of a ship stand under construction at the Hyundai Heavy Industries shipyard.
  • A container ship under construction in the dry dock at the Hyundai Heavy Industries.
    A container ship under construction in the dry dock at the Hyundai Heavy Industries.
  • Ships under construction in the dry dock at the Hyundai Heavy Industries. Shipbuilding has been central to South Korea's economy since the 1970s.
    Ships under construction in the dry dock at the Hyundai Heavy Industries. Shipbuilding has been central to South Korea's economy since the 1970s.
  • Ships accounted for 8.5 per cent of the South Korea's total exports through June 20 of this year, according to the country's trade ministry.
    Ships accounted for 8.5 per cent of the South Korea's total exports through June 20 of this year, according to the country's trade ministry.
  • Employees work on a platform near the propeller of a ship under construction in the dry dock at the Hyundai Heavy Industries.
    Employees work on a platform near the propeller of a ship under construction in the dry dock at the Hyundai Heavy Industries.
  • An employee welds components of a ship at the Hyundai Heavy Industries shipyard.
    An employee welds components of a ship at the Hyundai Heavy Industries shipyard.
  • An employee stands among ship components.
    An employee stands among ship components.
  • An employee works on an elevated work platform next to a ship under construction.
    An employee works on an elevated work platform next to a ship under construction.
  • Employees stand on elevated platforms while working inside a liquefied natural gas tanker ship under construction.
    Employees stand on elevated platforms while working inside a liquefied natural gas tanker ship under construction.
  • Employees huddle for a morning briefing at the Hyundai Heavy Industries shipyard.
    Employees huddle for a morning briefing at the Hyundai Heavy Industries shipyard.

South Korea’s floating asset makes waves – in pictures


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Shipbuilding has been central to South Korea’s economy since the 1970s. Ships accounted for 8.5 percent of the country’s total exports through June 20 of this year, according to the trade ministry. All photos by SeongJoon Cho of Bloomberg.