List of the largest shipbuilding companies

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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 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 China Shipbuilding Industry Corporation Shipbuilding $42.15 $10.36 China Beijing, China 1999
2 Mitsubishi Heavy Industries Conglomerate $35.97 $39.10 $41.87 Japan Tokyo, Japan 1934 63.5 (2011) Kazuo Tsukuda, Chairman; Hideaki Omiya, President
3 Hyundai Heavy Industries Shipbuilding $33.89 $39.33 $19.67 South Korea Ulsan, South Korea 1972 26.0 (2011) Min Keh-sik, Chairman; Lee Jai-seong, President&CEO
4 China State Shipbuilding Corporation Shipbuilding $29.88 China Beijing, China 1999
5 STX Group Shipbuilding $16.96 $13.40 South Korea Jinhae, South Korea 1962 Kang Duk-soo, Chairman
6 DSME Shipbuilding $10.98 $12.76 $11.40 South Korea Seoul, South Korea 1978 25.0 (2010) Nam Sang-tae, President&CEO
7 Samsung Heavy Industries Shipbuilding $8.98 $8.58 $8.40 South Korea 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 Japan Tokyo, Japan 1888 14.8 (2010)
9 Fincantieri Shipbuilding $5.17 Trieste, Italy 1937
10 United Shipbuilding Corporation Shipbuilding $5.1 Moscow, Russia 2007

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