HSG Heavy Industries Partnership Announcement

We are proud to announce that on 13.01.2020 our company jointly with our Korean Partners, CG Marine Service Co. Ltd. signed a long term Exclusive Agency Agreement for repairs, conversions and retrofittings with Messrs. HSG Heavy Industries Co. Ltd. including their recently acquired Sungdong Shipbuilding and Marine Engineering of Korea.

HSG is a highly reputed financially strong Engineering Company, among others the main subcontractor of a major S. Korean yard for blocks including same of LNGCs and Sungdong a shipyard of medium to large size with adequate facilities and professional staff.

The intention is part of Sungdong to be dedicated to repairs, conversions and retrofittings and part to a special shipbuilding project in cooperation with a major S. Korean Yard.

Kindly find a link here of a brief presentation of HSG and Sungdong and attached the appointment letter and a photo from the signing ceremony.

We are confident that we will be in position to offer to our Greek shipowners a good alternative to the Chinese market as regards to repairs, conversions and retrofittings.

Our principals are ready consider your enquires promptly and start works from February.


Always at your disposal.

George Moundreas & Company S.A.