World’s Largest Shipbuilder Reports $2 Billion Loss in 2014
South Korea's Hyundai Heavy Industries, the world's largest shipbuilder, has reported operating loss of KRW 3.25 trillion in 2014, or about USD $2.96 billion.
South Korean shipbuilder Hyundai Heavy Industries has gone mobile, launching the world’s first after-sales services (A/S) for ships accessible via a smartphone.
Called m-PASS, the mobile A/S system allows shipowners to monitor the status of a ships equipment, retrieve information about a ships equipment makers, and easily find contact points for maintenance staff.
With the mobile system, Hyundai Heavy can perform maintenance and repair services anytime and anywhere reducing maintenance costs. The system also provides Hyundai Heavy’s maintenance staffs a better and more efficient line of communication for exchanging technical information and sailing schedules with shipowners and equipment makers.
HHI has also been operating e-PASS since August 2011, a website for after-sales service, to enable clients to gain an access to a variety of information about ships from delivery to dismantling. The company also plans to adopt the mobile maintenance system to its marine engines.
Hyundai Heavy has been active in applying IT to its shipbuilding business. The company unveiled WiBro, the world’s first high-speed wireless data communications network exclusively designed for shipbuilding in May 2010, and IT-based remote monitoring and controlling smart ship system in March this year.
Updated: August 12, 2011 (Originally published August 10, 2011)
Sign up for gCaptain’s newsletter and never miss an update
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up