List of the largest shipbuilding companies

This is a list of the largest shipbuilding companies in 2016 (only companies with revenue of $5 bln. and more are listed):

Rank Company name Primary Industry 2024 Revenue
(USD billion)
2016 Revenue
(USD billion)
2015 Revenue
(USD billion)
2010 Revenue
(USD billion)
2009 Revenue
(USD billion)
2008 Revenue
(USD billion)
Headquarters Founded Employees (thousands) Executive head
1 HD Hyundai Heavy Industries Shipbuilding $8.9 $33.89 $39.33 $19.67 Ulsan, South Korea 1972 26.0 (2011) Lee Sang-kyun, President&CEO
2 Mitsubishi Heavy Industries Conglomerate $35.97 $28.952 $39.10 $41.87 Tokyo, Japan 1934 63.5 (2011) Kazuo Tsukuda, Chairman; Hideaki Omiya, President
3 China Shipbuilding Industry Corporation Shipbuilding $42.15 $10.36 Beijing, China 1999
4 China State Shipbuilding Corporation Shipbuilding $10.291 $29.88 Shanghai, China 2019
5 STX Offshore & Shipbuilding Shipbuilding $16.96 $13.40 Jinhae, South Korea 1962 Jang Yoon-Gun, Chairman
6 DSME Shipbuilding $10.98 $12.76 $11.40 Seoul, South Korea 1978 25.0 (2010) Nam Sang-tae, President&CEO
7 Samsung Heavy Industries Shipbuilding $8.98 $8.58 $8.40 Geoje, South Korea 1974 12.5 (2009) Kim Jing-Wan, Vice Chairman&CEO
8 Sumitomo Heavy Industries Conglomerate $6.59 $6.02 (2014) $3.80 Tokyo, Japan 1888 14.8 (2010)
9 Fincantieri Shipbuilding $8.47 $5.17 Trieste, Italy 1937 22.5 (2024)
10 United Shipbuilding Corporation Shipbuilding $5.1 Saint Petersburg, Russia 2007