The company was first established with a name of 'Incheon Shipbuliding(인천조선)' in 1977 as a subsidiary company of Halla Group(한라그룹). (The founder of 'Halla group' was Chung In-Young the younger brother of Chung Ju-Yung, the founder of Hyundai Group) The first ship building dock was constructed in Incheon(인천), South Korea. In 1990, the company changed its name into 'Halla Heavy Industries'(한라중공업) and moved the dock yard from Incheon to Samhoup which is located in Yeongam, South Jeolla Province. (total 3,300,000 square metres of land)