About Us

COMPANY
INTRODUCTION

LS Marine Solution creates a better tomorrow for the mankind

History

The History of ls marine solution

  • 2014’s ~ present
  • 2010 ~ 2013’s
  • 2006 ~ 2009’s
  • 2002 ~ 2005’s
  • Before 2005’s
2024
  • 10Appointed as Joint CEOs(Koo Bon Kyu, Koo Young Heon)
  • 08Changed the CEO from Seung-Yong Lee to Koo Young Heon
  • 03GL2030 Cable Laying Barge acquisition
2023
  • 08Changed company name to LS Marine Solution from KT Submarine
2022
  • 11Completion of payment for paid-in capital increase (LS Cable & System Co., Ltd.)
  • 06Jeonnam 1 Offshore Windfarm Offshore Cable EPCi Contract
  • 04Obtained the global certification on anti-corruption
  • 03Changed the CEO from Hyung-Joon Kim to Seung-Yong Lee
2019
  • 06Changed the CEO from Cheol-gyu Lee to Hyung-Joon Kim
2018
  • 03Changed the CEO from Cha-hyun Yoon to Cheol-gyu Lee
2017
  • 09Signed a contract for the maintenance of Yokohama Zone
2016
  • 12Signed a contract for the NCP project
  • 06Signed a contract to lay MCT submarine cables
  • 03Signed a contract to install power cables in Taiwan
  •  Changed the CEO from Yong-Hwa Park to Cha-hyun Yoon
  •  Acquired the MD3 Plough equipment
  •  Signed a contract to construct the 2nd submarine fiber optic cable between Ulreung and main land
  • 02Signed a contract for international submarine fiber-optic cable construction project in Southeast Area
2015
  • 10Acquired the Q1000 equipment
  • 04Acquired the RESPONDER
  •  Won the 2015 Company of the Year Award
  • 01Signed a contract for the SMPCS project
  •  Signed a contract to install submarine cables for the Indonesia
2014
  • 12Signed a contract to install submarine cables for the Changhua Offshore Wind Power Complex in Taiwan
  • 11Won the Excellent KT Subsidiary CEO Award
  • 07Signed MOU with Daelim on offshore wind power business
  • 03Changed CEO from Jae-Ryun Lee to Yong-Hwa Park
  •  Hanjin Shipping sold the entire ownership of kt submarine.
2013
  • 12Selected as the excellent company for exchange risk management by Korea Exchange
  • 08Signed business cooperation agreement with Korea Institute of Ocean Science & Technology
  • 06Won an order for installing and laying the Taiwan submarine fiber-optic cable
  • 05Stock split (KRW 5,000 to KRW 1,000 per share)
  •  Won an order for installing and laying the APG submarine fiber-optic cable
  •  Won an order for replacing Donghae-1 gas field SCM (Subsea Control Module) from Korea National Oil Corporation
  •  Won an order for installing and laying the LIG NEX1 submarine cable
  • 02Acquired ISO 14001 and OHSAS 18001
2012
  • 07Signed MOU with POSCO ICT on business cooperation for ocean business area
  • 05Won an order for installing and laying the LIG NEX1 submarine cable
  • 03Received award certificate for 46th Taxpayer's day
  •  Added business objective (engineering activities and service business)
  • 01Won an order for installing and laying the submarine fiber-optic cable for the Chungnam Seocheon Yubudo telephone business
2011
  • 12Won an order for installing and laying the SJC submarine fiber-optic cable
  •  Won an order for installing and laying the ASE submarine fiber-optic cable
  • 09Won an order for installing and laying the DDSCN submarine fiber-optic cable
  •  Won an order for salvaging and transporting the wreckage of Asiana airplane
  • 01Acquired M/V MIRAERO
2010
  • 09Won an order for relocating the APCN2 submarine fiber-optic cable
  • 07Won an order for replacing submarine seismometer cable
  • 03Added business objective (developing and maintaining computer related software, new renewable energy business)
  •  IInauguration of President & CEO, Mr. Lee Jae Ryun
  • 01Signed MOU with Oceanus
2009
  • 11Won an order for installing and laying the HVDC cable and submarine fiber-optic cable for Jindo-Jeju DC interconnection construction business
  •  Won an order for installing and laying the Jangjuksudo tidal current power submarine fiber-optic cable
  • 09Won an order for relocating the Ullenung-to-land submarine fiber-optic cable
  • 07Won an order for laying the TPE submarine fiber-optic cable to China
  • 06Won an order for removing the RJK submarine fiber-optic cable system
  •  Selected as the corporate governance enhancement corporation by Korea Exchange and Corporate Governance Service
  • 03Inauguration of President & CEO, Mr. Kim Young-Kwon
  •  Added business objective (warehousing and logistics related service business)
2008
  • 09Won an order for PLGR construction on the JAKABARE submarine fiber-optic cable
  • 04Won an order for constructing the deep sea water intake and drainage facility in Gangwon deep sea
  • 01Won an order for installing and laying the AAG submarine fiber-optic cable
2007
  • 12Inauguration of President & CEO, Mr. Kim Man-Doo
  • 08Won an order for installing and laying the KOC submarine fiber-optic cable in Kuwait
  • 07Disposed C/S BADARA
  •  Won an order for installing and laying the TPE submarine fiber-optic cable
  • 06Won an order for installing and laying the Yeonpyeongdo submarine power cable
  • 03Added business objective (power generation and energy research business)
2006
  • 09Established labor-management development conference
  •  Won an order for installing and laying the DSCN (Maldives to Sri Lanka) submarine communication cable
  • 07Won an order for installing and laying the Geomundo submarine power cable
  • 06Won an order for restoring the Jeonnam Haenam to Jeju HVDC submarine power cable
  •  Won an order for salvaging the F-15K and flight record equipment
  •  Won an order for installing and laying the Wonchang-dong-to-Saeeodo submarine power cable
  • 03Added business objective (construction and installation of offshore structure, drilling equipment, and specialized facilities)
2005
  • 12Inauguration of President & CEO, Mr. Jo Jae-Hyeong
  •  Signed new business promotion MOU with Hochang Machinery
  • 10Concluded 1 company and 1 village sisterhood relationship with Siljeon-ri in Hacheong-myeon, Geoje-si
  • 08Won an order for laying the PTT (Thailand submarine gas pipeline) submarine pipeline
  •  Won an order for laying the JASUKA submarine fiber-optic cable
  •  Won an order for deep sea intake, supply, and drainage facility construction
  • 07Won an order for removing the CKC submarine fiber-optic cable
  • 06Won an order for removing the HKJ submarine fiber-optic cable
  •  Won an order for installing and laying the Udo-to-Jongdal-ri submarine power cable
  • 03Won an order for lying the submarine pipeline in Mumbai, India
  •  Signed MOU with KEPCO Jeonnam Office on submarine power cable restoration business
  •  Aired 'Secrets of Creating Legend: kt submarine' on KBS 1TV
2004
  • 09Chunxiao Pipeline Post Trenching Operation in China by Hyundai Heavy IndustriesReceived
  • 06Won an order for installing and laying submarine power cable between Norokdo and Nepdo
  • 03Inauguration of President & CEO, Mr. Park Jong-Soo
  •  Inauguration of President & CEO, Mr. Lee Sang-Geon
  •  Added business objective (distribution and consignment sales)
  • 02Acquired C/S BADARO
2003
  • 07Won an order for installing and laying the TIS submarine fiber-optic cable
  • 04Won an order for constructing the Donghae-1 gas production facility
  • 02Won an order for installing and laying the PGN gas pipe in Indonesia
  • 01Won an order for installing and laying Jinhae submarine power cable
2002
  • 10Won an order for PLIB construction on the FOBN submarine fiber-optic cable in Philippine
  • 03Changed company name (Korea Submarine Telecom -> kt submarine)
  •  Inauguration of President & CEO, Mr. Koh Sun-Yeong
  • 02Registered on KOSDAQ
  •  Increased paid-in capital of KRW 6.6 billion (total paid-in capital KRW 21.9 billion)
2001
  • 09Won an order for installing and laying the FLAG North Asia submarine fiber-optic cable
  • 08Increased employee ownership paid-in capital of KRW 588 million (total paid-in capital KRW 15.288 billion)
  • 07Won an order for installing and laying the C2C submarine fiber-optic cable
  •  Won an order for installing and laying the KOREA-JAPAN submarine fiber-optic cable
  •  Won an order for installing and laying the Saengildo-to-Joyakdo submarine power cable
  • 03Inauguration of President & CEO, Mr. Seo Yong Hui
  •  Received grand award on KT subsidiary management evaluation
2000
  • 11Received the US$20 Million Export Tower Award
  •  Won an order for installing and laying the EAC submarine fiber-optic cable
  • 09Won an order for installing and laying the South America-1 Project submarine fiber-optic cable
  • 06Won an order for installing and laying the APCN2 submarine fiber-optic cable
  • 03Received grand award on KT subsidiary management evaluation
1999
  • 11Received the US$10 Million Export Tower Award 09
  •  Won an order for installing and laying the 3rd Jeju-to-land submarine fiber-optic cable
  • 08Won an order for installing and laying the Japan-to-US submarine fiber-optic cable
  • 05Won an order for installing and laying the North Pacific submarine fiber-optic cable
  • 03Received grand award on KT subsidiary management evaluation
1998
  • 11Acquired ISO 9001 certification
  • 09Completed the construction of docking facility in cable vessel station
  • 04Won an order for installing and laying the China-to-US submarine fiber-optic cable
  •  Acquired C/S SEGERO
  •  Increased paid-in capital of KRW 3 billion (total paid-in capital KRW 14.7 billion)
  • 03Inauguration of President & CEO, Mr. sung Jo Gyeong
1997
  • 08Nominated in PIOCMA Zone as Ship Operator
  • 07Nominated in YOKOHAMA Zone as Ship Operator
1996
  • 05Increased paid-in capital of KRW 3.4 billion (total paid-in capital KRW 11.7 billion)
  •  Won an order for installing and laying the 2nd Jeju-to-land submarine fiber-optic cable
  • 04Acquired 1st class license for telecommunication construction business
1995
  • 04Registration of incorporation (shareholder: KT and Hanjin Shipping)
  •  Inauguration of the 1st President & CEO, Mr. Cheon Gye Hyeong
  •  Company established (paid-in capital KRW 8.3 billion)