HD Hyundai Mipo (abbreviated: HMD;[1] ) is one of the largest shipbuilding companies with the world's largest share (50%) in PC (Product Carrier) segment. Since the 1980s, more than 10,000 ships were repaired and converted until 2005 and 400 newly ordered ships were delivered until 2009. It delivers about 70 new ships in a year. The delivered amount is over 1 million compensated gross tonnage (CGT) in a year (2007), making it 4th in the world. Its product mix is shipbuilding (96.4%) and conversion and repair (3.6%). It is a member of HD Hyundai and was listed on KOSPI (Korea Composite Stock Price Index) in 1983.
In late 2025, HD Hyundai Heavy Industries (HHI) merged with HD Hyundai Mipo (HMD) to create a unified entity aimed at solidifying its position as the world’s top shipbuilder. The merger, approved in August 2025 and completed by December 2025, makes HHI the surviving company, combining HMD's mid-sized vessel expertise with HHI’s large ship production.[2]