Samsung Heavy Industries Co., Ltd. engages in the shipbuilding business. It operates through the Joseon Maritime and Construction business divisions. The Joseon Maritime division builds and sells ships such as ultra-large container ships, liquefied natural gas carriers, and crude oil tankers; as well as marine platforms such as floating production storage and offloading, and floating production unit. The Construction division carries out architecture and civil engineering works, as well as high-tech construction works. The company was founded on August 5, 1974 and is headquartered in Seongnam-si, South Korea.