Located in the mountains of Jeonbuk Hyundai shipyard plan next month officially closed, a move strongly opposed by the local government and the masses, for the new president Wen zaiyin stepped in to stop the Hyundai shipyard closed mountains.

Hyundai plans to shut down the hills shipyard next month，船用閥門abyc.com.cn

In May 14, 2017, Hyundai Heavy rock shipyard launched its last ship in its handheld order, the VLCC, which will be delivered to ship owners in June and will be officially closed after delivery.

Hyundai has said in the past few months that it will halt the operation of the mountain shipyard in July 1st because of a decline in orders for new ships. Hyundai has a total of 11 dry docks, two of which have been shut down by the global shipbuilding bust, and the mountain shipyard will be the third.

Hyundai Heavy Industries has repeatedly stressed that there is no alternative to closing the mountain shipyard, because Hyundai has not received enough new ship orders over the past few years, a Hyundai Heavy official said. He said the closure of the mountain shipyard was not permanent and that if the modern heavy industry had enough work, the mountain shipyard would resume operations.

Hyundai Heavy Industries will need to receive at least 140 new ship orders annually to ensure the full operation of all its dry docks. Over the past two years, however, the number of orders for Hyundai Heavy Industries has been only 60.

5 months before this year, Hyundai and its Hyundai MIPO shipbuilding and Hyundai Samho received 18 total heavy new ship orders, the total value of about $1 billion 800 million. This year, Hyundai's target was $6 billion 400 million.

The shipyard was founded in 2010, invested 1 trillion and 460 billion won is Hyundai's most "young" shipyard, shipyard hills has two world record for the world's largest 1 million ton dock and the world's largest lifting capacity of 1650 tons of gantry crane.

Given that the outlook for the global船用蝶閥http://abyc.com.cn/product/class/?169.html shipbuilding market is not very promising for the foreseeable future, it is unlikely that the mountain shipyard will reopen in the short term. In addition, the reopening of the mountain shipyard costs a lot of money and time, because Hyundai needs to re employ new employees and repair partnerships with dozens of subcontractors.

The closure of the mountain shipyard was strongly opposed by local authorities and the masses, demanding that Hyundai shift some of its construction in the Ulsan shipyard to the mountain shipyard, thereby ensuring employment. They stressed that the mountains shipyard occupied 24% of the city's economic output, the burden of the livelihood of 6000 workers.

Jeonbuk Provincial Council issued a statement on May 15th, the new president asked Wen zaiyin to intervene, stop Hyundai shipyard closed mountains. This is one of the original text in Yin's campaign promises.

A member of Parliament, the shipyard is the pillar of Jeonbuk's economy, occupy 9% of Jeonbuk's exports; the government should provide financial support for new orders or Hyundai Heavy Industries, the shipyard continues to operate in order to exchange.