"From a 1974 Oil Tanker to a 2025 Philippine Patrol Vessel": HD Hyundai Achieves World's First Delivery of 5,000 Ships

• Held commemorative ceremony for the delivery of 5,000 ships at HD Hyundai Heavy Industries in Ulsan on the 19th
• Delivered to more than 700 shipowners across 68 countries—marking a milestone achieved half a century after the first vessel delivery
• "Reaching 5,000 ships is a symbol of pride for Korea's shipbuilding industry—we will continue to forge ahead toward the next 50 years"

SEOUL, South Korea, Nov. 19, 2025 /PRNewswire/ -- HD Hyundai has become the world's first shipbuilder to build and deliver 5,000 ships, marking half a century since its first vessel delivery in 1974.

HD Hyundai announced that it held a ceremony on Wednesday, November 19, at HD Hyundai Heavy Industries in Ulsan to celebrate delivering a total of 5,000 ships. The event was attended by HD Hyundai Chairman Chung Kisun; National Assembly members Kim Taeseon (Ulsan Dong-gu) and Yoon Jong-o (Ulsan Buk-gu); Park Dong-il, Director General at the Ministry of Trade, Industry and Resources; Ahn Byung-gil, CEO of the Korea Ocean Business Corporation; and Park Jong-seug, Chairman of Korea Marine Transport Co. (and Chairman of the Korea Shipowners' Association).

The 5,000th vessel delivered by HD Hyundai is the Diego Silang, the second offshore patrol vessel built for the Philippine Navy. Measuring 118.4 meters in length and 14.9 meters in width, the state-of-the-art vessel reaches a cruising speed of 15 knots (28 km/h) and has a range of 4,500 nautical miles (8,330 km). It was launched in March and delivered to the Philippine Navy in October. HD Hyundai has secured contracts to build a total of ten naval vessels for the Philippines.

Since delivering its first vessel—the 260,000-ton Very Large Crude Oil Carrier Atlantic Baron—in 1974, HD Hyundai has provided ships to more than 700 shipowners across 68 countries, culminating in the latest delivery of the Diego Silang.

In detail, HD Hyundai Heavy Industries has delivered 2,631 vessels, HD Hyundai Mipo has delivered 1,570 vessels, and HD Hyundai Samho has delivered 799 vessels. This record-setting achievement has not been matched even by European or Japanese shipbuilders, despite their much longer shipbuilding histories.

Assuming an average vessel length of 250 meters, the combined length of 5,000 ships reaches approximately 1,250 kilometers. This distance exceeds the straight-line distance from Seoul to Tokyo (about 1,150 kilometers) and is more than 140 times the height of Mount Everest (approximately 8,800 meters).

Chairman Chung stated, "Our 5,000-vessel milestone represents the pride of Korea's shipbuilding industry and the history of bold challenges that have reshaped the global maritime paradigm." He continued, "Building on this shared legacy of innovation, we will move confidently toward the next 5,000 vessels—and the next half century."

Meanwhile, HD Hyundai's three shipbuilding subsidiaries delivered a total of 144 vessels in 2024, including container ships, LNG carriers, and product carriers.

• Held commemorative ceremony for the delivery of 5,000 ships at HD Hyundai Heavy Industries in Ulsan on the 19th
• Delivered to more than 700 shipowners across 68 countries—marking a milestone achieved half a century after the first vessel delivery
• "Reaching 5,000 ships is a symbol of pride for Korea's shipbuilding industry—we will continue to forge ahead toward the next 50 years"

SEOUL, South Korea, Nov. 19, 2025 /PRNewswire/ -- HD Hyundai has become the world's first shipbuilder to build and deliver 5,000 ships, marking half a century since its first vessel delivery in 1974.

HD Hyundai announced that it held a ceremony on Wednesday, November 19, at HD Hyundai Heavy Industries in Ulsan to celebrate delivering a total of 5,000 ships. The event was attended by HD Hyundai Chairman Chung Kisun; National Assembly members Kim Taeseon (Ulsan Dong-gu) and Yoon Jong-o (Ulsan Buk-gu); Park Dong-il, Director General at the Ministry of Trade, Industry and Resources; Ahn Byung-gil, CEO of the Korea Ocean Business Corporation; and Park Jong-seug, Chairman of Korea Marine Transport Co. (and Chairman of the Korea Shipowners' Association).

The 5,000th vessel delivered by HD Hyundai is the Diego Silang, the second offshore patrol vessel built for the Philippine Navy. Measuring 118.4 meters in length and 14.9 meters in width, the state-of-the-art vessel reaches a cruising speed of 15 knots (28 km/h) and has a range of 4,500 nautical miles (8,330 km). It was launched in March and delivered to the Philippine Navy in October. HD Hyundai has secured contracts to build a total of ten naval vessels for the Philippines.

Since delivering its first vessel—the 260,000-ton Very Large Crude Oil Carrier Atlantic Baron—in 1974, HD Hyundai has provided ships to more than 700 shipowners across 68 countries, culminating in the latest delivery of the Diego Silang.

In detail, HD Hyundai Heavy Industries has delivered 2,631 vessels, HD Hyundai Mipo has delivered 1,570 vessels, and HD Hyundai Samho has delivered 799 vessels. This record-setting achievement has not been matched even by European or Japanese shipbuilders, despite their much longer shipbuilding histories.

Assuming an average vessel length of 250 meters, the combined length of 5,000 ships reaches approximately 1,250 kilometers. This distance exceeds the straight-line distance from Seoul to Tokyo (about 1,150 kilometers) and is more than 140 times the height of Mount Everest (approximately 8,800 meters).

Chairman Chung stated, "Our 5,000-vessel milestone represents the pride of Korea's shipbuilding industry and the history of bold challenges that have reshaped the global maritime paradigm." He continued, "Building on this shared legacy of innovation, we will move confidently toward the next 5,000 vessels—and the next half century."

Meanwhile, HD Hyundai's three shipbuilding subsidiaries delivered a total of 144 vessels in 2024, including container ships, LNG carriers, and product carriers.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

"From a 1974 Oil Tanker to a 2025 Philippine Patrol Vessel": HD Hyundai Achieves World's First Delivery of 5,000 Ships

"From a 1974 Oil Tanker to a 2025 Philippine Patrol Vessel": HD Hyundai Achieves World's First Delivery of 5,000 Ships

"From a 1974 Oil Tanker to a 2025 Philippine Patrol Vessel": HD Hyundai Achieves World's First Delivery of 5,000 Ships

TOKYO, April 2, 2026 /PRNewswire/ -- GA technologies Co., Ltd. (Headquarters: Minato-ku, Tokyo; President, CEO: Ryo Higuchi; Stock Code: 3491; hereinafter referred to as the "Company") announces that its AI real estate investment service, "RENOSY," has launched an initiative to rebrand "Renters Warehouse" (operated by RW OpCo, LLC [Headquarters: United States], a Group company), as "RENOSY by Renters Warehouse."

URL: https://www.renterswarehouse.com/

• Background and Outlook of the Brand Integration and Renewal

Since its founding in 2013, the Company has operated under its corporate philosophy:

"Spark excitement and inspiration by fusing technology with innovation to propel the world forward." The Company's core business is the AI real estate investment service "RENOSY," which leverages technology to provide unique one-stop services for property purchase, management, and sale.

RW OpCo, LLC, founded in 2007, operates the real estate investment marketplace "Renters Warehouse." Primarily serving individuals and institutional investors in the United States, the platform functions as an online marketplace and currently operates in 18 states and 31 locations across the country.

The Company completed the consolidation of RW OpCo, LLC as a subsidiary in March 2024 and began providing real estate services in the U.S. market.^[1] Since the fiscal year ending October 2025, the business has maintained strong performance, achieving quarterly profitability and growing rapidly to become the Company's third pillar of profit.^[2]

The Company has now moved to rebrand its U.S. business from "Renters Warehouse" to "RENOSY by Renters Warehouse," aiming to drive further growth in the U.S. market and maximize group synergies. Through the full-scale expansion of "RENOSY" in the U.S. market, the Company looks to promote the adoption of services that enable reliable, seamless, and optimal asset formation through real estate in the country.

The impact of this matter on the Company's business results is insignificant.

• AI Real Estate Investment RENOSY

RENOSY is an AI real estate investment service that utilizes technology. Reliable, seamless, and optimal asset-building through real estate is realized by providing one-stop support for the purchase, management, and sale of property, maximizing operational effectiveness. An extensive product lineup is offered that includes condominiums, apartments, and detached houses, etc. Surveys conducted by Tokyo Shoko Research have ranked RENOSY No. 1 in Japan in real estate investment sales and purchases.^[3]