GEOSEONG SHIPPING & ENGINEERING Co., Ltd. is a company specializing in marine equipment installation, modification, repair, and maintenance, established in 1975 as a shipping agency. With over 45 years of experience and trust in the oil and gas industry, it has grown into a leading regional company. The company is currently expanding its business into the renewable energy sector, providing comprehensive marine engineering services.GEOSEONGSHIPPING&ENGINEERINGCo.,Ltd.isacompanyspecializinginmarineequipmentinstallation,modification,repair,andmaintenance,establishedin1975asashippingagency.Withover45yearsofexperienceandtrustintheoilandgasindustry,ithasgrownintoaleadingregionalcompany.Thecompanyiscurrentlyexpandingitsbusinessintotherenewableenergysector,providingcomprehensivemarineengineeringservices.
Key Products/TechnologiesKeyProducts/Technologies
Capability to provide marine equipment installation, modification, repair, and maintenance servicesCapabilitytoprovidemarineequipmentinstallation,modification,repair,andmaintenanceservices
Comprehensive service provision technologies including project support services, engineering and construction, logistics and procurement, and shipping agency services in the oil and gas and marine project sectorsComprehensiveserviceprovisiontechnologiesincludingprojectsupportservices,engineeringandconstruction,logisticsandprocurement,andshippingagencyservicesintheoilandgasandmarineprojectsectors
Production and processing technologies as a manufacturer of ship componentsProductionandprocessingtechnologiesasamanufacturerofshipcomponents
Duct installation technology and construction capabilities for semiconductor plant construction projects, such as the Pyeongtaek semiconductor factoryDuctinstallationtechnologyandconstructioncapabilitiesforsemiconductorplantconstructionprojects,suchasthePyeongtaeksemiconductorfactory
Operation capabilities of a systematic QHSE (Quality, Health, Safety, Environment) management system for high-quality service deliveryOperationcapabilitiesofasystematicQHSE(Quality,Health,Safety,Environment)managementsystemforhigh-qualityservicedelivery
Core AdvantagesCoreAdvantages
Over 45 years of accumulated experience and expertise in the oil and gas and marine project service sectorsOver45yearsofaccumulatedexperienceandexpertiseintheoilandgasandmarineprojectservicesectors
A corporate philosophy of "providing high-quality services at the best prices" and a focus on customer satisfactionAcorporatephilosophyof"providinghigh-qualityservicesatthebestprices"andafocusoncustomersatisfaction
Geographical advantage and robust network as a leading company in the Geoje region, home to world-class shipyards like Daewoo Shipbuilding & Marine Engineering and Samsung Heavy IndustriesGeographicaladvantageandrobustnetworkasaleadingcompanyintheGeojeregion,hometoworld-classshipyardslikeDaewooShipbuilding&MarineEngineeringandSamsungHeavyIndustries
Adherence to HSE and quality policies through DNV-GL certification and operation of a reliable QHSE management systemAdherencetoHSEandqualitypoliciesthroughDNV-GLcertificationandoperationofareliableQHSEmanagementsystem
Successful business expansion into the renewable energy industry, leveraging existing capabilities in the oil and gas sectorSuccessfulbusinessexpansionintotherenewableenergyindustry,leveragingexistingcapabilitiesintheoilandgassector
High growth rate, with 2024 sales revenue of 14.18 billion KRW, a 294% increase year-over-yearHighgrowthrate,with2024salesrevenueof14.18billionKRW,a294%increaseyear-over-year
Securing 'top-tier' financial stability based on NICE Credit Rating InformationSecuring'top-tier'financialstabilitybasedonNICECreditRatingInformation
The award of the Industrial Service Merit to CEO Won Kyung-hee demonstrates the company's external credibility and commitment to social responsibilityTheawardoftheIndustrialServiceMerittoCEOWonKyung-heedemonstratesthecompany'sexternalcredibilityandcommitmenttosocialresponsibility
Target IndustrieTargetIndustrie
Oil and Gas IndustryOilandGasIndustry
Marine Project Service IndustryMarineProjectServiceIndustry
Renewable Energy IndustryRenewableEnergyIndustry
Shipbuilding Industry (manufacturing of ship components and related services)ShipbuildingIndustry(manufacturingofshipcomponentsandrelatedservices)
Construction Industry (especially specialized construction areas like duct installation for semiconductor plants)ConstructionIndustry(especiallyspecializedconstructionareaslikeductinstallationforsemiconductorplants)
Major MarketsMajorMarkets
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Certifications/PatentsCertifications/Patents
Adherence to HSE (Health, Safety, Environment) and quality policies through DNV-GL certificationAdherencetoHSE(Health,Safety,Environment)andqualitypoliciesthroughDNV-GLcertification
Operation of a QHSE (Quality, Health, Safety, Environment) management systemOperationofaQHSE(Quality,Health,Safety,Environment)managementsystem
Introduction
Location
6 Majeon 9-gil, Geoje-si, Gyeongsangnam-do, South Korea
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Information
6 Majeon 9-gil, Geoje-si, Gyeongsangnam-do, South Korea