Hanwha Engine
Korean licensee builder of large two-stroke and four-stroke marine engines (formerly HSD Engine).
Changwon-si, Gyeongsangnam-do · Company
About
Hanwha Engine started in 1983 as the engine business of Korea Heavy Industries, with technical partnerships with MAN B&W and Sulzer. It became HSD Engine in 1999, Doosan Engine in 2005 and HSD Engine again in 2018, before joining the Hanwha Group and taking its current name in 2024. It has been listed on KOSPI since 2011.
The head office and plant are in Changwon, South Korea. The company reports about 20% of the global low-speed engine market, 130 million horsepower of cumulative production (2025) and 874 employees.
Its stated vision is to shape the transition to low-carbon propulsion and energy.
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