JangWon SM Co., Ltd. (JWSM) was founded on 1 July 2000 in Seoul as JangWon Engineering, incorporated in May 2002 as JangWon ENG, and renamed JangWon SM in May 2005. The head office is in Anyang, Gyeonggi-do.
Company Data
| Company name | JangWon SM Co., Ltd. (㈜장원에스엠) |
| Founded | 1 July 2000 (as JangWon Engineering, Seoul) |
| Incorporated | May 2002 |
| Present name since | May 2005 |
| Representative | SukHong Park, Chief Executive Officer |
| Business registration number | 123-81-77965 |
| Head office | Unit 413, 7, Simin-daero 327beon-gil, Dongan-gu, Anyang-si, Gyeonggi-do, Korea Postal code 14055 |
| Trade business number | 30647921, Korea International Trade Association |
What We Do
- Marine Engineering — cargo handling and reliquefaction engineering for LNG and LPG carriers, cargo tank VOC reduction, ME-GI fuel gas supply, control panels, commissioning support
- Industrial Engineering — design, fabrication and installation of steel plant equipment: bulk cargo recovery for belt conveyors and camera vision for hot strip mills. SF6 gas recovery equipment has been developed with university partners in Korea and Japan
- Global Manpower Supply — shipyard productivity and technology transfer teams, mechanical maintenance and installation crews
- Trading — Korean agency for Chinese manufacturers of blowers, turbines, compressors and piping materials; brokerage of steel products
History
The record below is taken from the company’s own history as kept in June 2022. Entries that ran on past that date are shown as ending in 2022, because that is the last date we can confirm.
| Date | Event |
|---|---|
| July 2000 | Company founded as JangWon Engineering in Yeoksam-dong, Seoul |
| December 2001 | Korean agency agreement with a refractory maker in Shandong, China; silica brick delivered for the POSCO Gwangyang No.1 blast furnace lining |
| May 2002 | Incorporated as JangWon ENG; head office moved to Uiwang, Gyeonggi-do |
| 2002 | Technical cooperation agreement with GOC (Germany) for gas carrier, FPSO and offshore equipment |
| May 2005 | Renamed JangWon SM; head office moved to Samseong-dong, Seoul |
| January 2007 | Gwangyang site office opened; automation equipment supplied to the POSCO Gwangyang works |
| April 2007 | Korean agency agreement with Shanxi Blower, now Shaangu Power Group, China |
| 2007 – 2011 | Four Korean patents registered for bulk cargo recovery and conveyor belt cleaning equipment (registered in 2007, 2008, 2009 and 2011) |
| March 2008 | Gwangyang fabrication shop opened |
| July 2008 | Geoje office opened |
| 2008 | Joint development with DSME of an optimum cargo loading system for LNG carriers |
| 2009 – 2022 | Research projects and equipment supply for DSME |
| 2009 | Purchase-conditional development project with the Small and Medium Business Administration: conveyor belt cleaner for the by-product plant at the POSCO Gwangyang works |
| 2009 | Industry-academic research project with Seoul National University of Technology: SF6 recovery equipment |
| 2009 | Joint development and technical advice with Toyohashi University of Technology, Japan: SF6 treatment equipment |
| 2010 | Technology transfer from POSCO of the miss-crop detection vision system |
| April 2011 – October 2013 | Top recovery turbines delivered to the Hyundai Steel Dangjin blast furnaces 1, 2 and 3 (Shaangu Power products) |
| April 2012 – March 2015 | Shipyard competency and technology transfer contract with Nakilat-Keppel Offshore & Marine, Ras Laffan, Qatar |
| April 2012 | Agency agreement with Shanghai Huaxi Chemical, China, for the POSCO Engineering hydrogen production project |
| June 2012 | Research center established in Anyang, Gyeonggi-do |
| July 2012 | Gwangyang site office and fabrication shop closed; operations moved to Geoje, Gyeongsangnam-do |
| 2012 | Joint development with DSME of the cargo tank VOC reduction system |
| January 2013 | Brokerage of about 5,000 metric tons of POSCO heavy plate to N-KOM, Qatar, supplied by POSCO International |
| August 2013 | Corporate research institute recognized by the Korea Industrial Technology Association (No. 2013113438) |
| 2013 – 2022 | Spare parts supplied for Hyundai Steel blast furnace top recovery turbines |
| April 2015 | Research and development unit registered with the Korea Industrial Technology Association, No. 2015151760 |
| 2016 – 2023 | Repair of Hyundai Steel top recovery turbine rotors at the Shaangu Power Lintong factory (four repairs, the two most recent completed in February 2022 and January 2023) |
| July 2021 | Korean agency agreement with Suzhou Sincoo Metal, China, for pipes and tubes |
| October 2021 | Pohang office opened |
A Message from the Chief Executive

Thank you for visiting JangWon SM Co., Ltd.
I started this company in July 2000. I am an engineer by training: I studied naval architecture and ocean engineering at Seoul National University, I hold a doctorate in engineering from Mokpo National University and a Korean Professional Engineer license in fluid machinery, and I am a licensed technology consultant. Before founding the company I spent close to two decades in industry — ship and offshore piping design and commissioning at Daewoo Shipbuilding, then static and rotating equipment engineering and project management at Daewoo Engineering.
Our work has stayed close to that background. From 2001 we engineered cargo handling and reliquefaction systems for LNG and LPG carriers, cargo tank VOC reduction systems and fuel gas supply equipment, most of it with DSME; the last of the VOC reduction installations was completed in 2019. Between 2001 and 2022 we designed, built and installed measuring, vision and material recovery equipment for the POSCO works at Pohang and Gwangyang. From April 2012 to March 2015 we carried out a three-year shipyard competency and technology transfer contract for Nakilat-Keppel Offshore & Marine in Qatar. We also represent Chinese manufacturers in the Korean market.
Most of what we supply was developed together with the customer rather than sold from a catalog: the cargo tank VOC reduction system with DSME, the crop measuring vision system with the POSCO research center, conveyor cargo recovery equipment under a national purchase-conditional development program, and SF6 treatment equipment with university partners in Korea and Japan. The conveyor work produced four Korean patents of our own, registered between 2007 and 2011; the VOC reduction and vision technologies we use under licenses granted by DSME and by POSCO. Our research and development unit in Anyang is registered with the Korea Industrial Technology Association.
We are a small company and we work that way by choice. Each project is staffed for what it actually needs. For the Qatar contract we brought together retired specialists from Korea’s three largest shipyards — DSME, Hyundai Heavy Industries and Samsung Heavy Industries — and put them on the panel line alongside the yard’s own people. The same principle applies to every assignment: agree the scope first, then build the team for it.
As of our last project record, compiled in June 2022, our customers included POSCO and DSME in Korea, the Kuwait Oil Tanker Company and the Ibaizabal Group as owners, and Nakilat-Keppel Offshore & Marine in Qatar.
Our working rule has not changed since 2000: nothing comes before the customer’s benefit. If you have a requirement in these fields, please write to us. We will tell you directly whether we can do it.
Sincerely,
SukHong Park
Chief Executive Officer
JangWon SM Co., Ltd.
Registrations and Qualifications
The items below are registrations and qualifications held by the company and by its chief executive.
| Item | Number / Date | Issued by |
|---|---|---|
| Research center | Established in Anyang, Gyeonggi-do, June 2012 | — |
| Research and development unit registration | No. 2015151760, April 2015 | Korea Industrial Technology Association (KOITA) |
| Trade business registration | No. 30647921 | Korea International Trade Association |
| Professional Engineer, Fluid Machinery (held by the chief executive, who also holds a doctorate in engineering) | No. 91136010009D | Korean national technical qualification |
Class Review of the DE-VOC System
These entries concern the DE-VOC cargo tank VOC reduction system, not the company as a supplier.
| Item | Date and scope | Society |
|---|---|---|
| Statement of Compliance obtained | July – December 2017 | American Bureau of Shipping |
| Testing carried out for the additional class notation “VOC-R” | June 2016 – April 2017, on two 156,000 DWT tankers built at Navantia | Lloyd’s Register |
Patents (registered 2007–2011)
| Registration number | Title | Registered |
|---|---|---|
| 10-0748645 | Bulk cargo recovery apparatus | 6 August 2007 |
| 10-0859196 | Conveyor belt cleaner | 11 September 2008 |
| 10-0893530 | Apparatus for recovering falling bulk cargo and preventing scattering | 8 April 2009 |
| 10-1065043 | Apparatus for recovering residual cargo from belt conveyors for bulk material | 7 September 2011 |
All four patents cover the bulk cargo recovery and conveyor belt cleaning equipment. JWSM’s other main systems are used under licenses granted by their owners: the DE-VOC cargo tank VOC reduction technology is patented by DSME and licensed to JWSM after five years of joint development, and POSCO granted JWSM a license to the miss-crop detection vision technology developed with its research center.
The company also holds two registered software programs: a rolling crop shape detection program (No. 2004-01-12-2479) and a VOC reduction control program (No. C-2014-020791).
Development and Supply Partners
| Year | Partner | Field | Form |
|---|---|---|---|
| 2002 | GOC GmbH, Germany | Gas carrier, FPSO and offshore equipment | Technical cooperation |
| 2007 | Shaangu Power Group, China | Compressors, hot blast blowers, industrial fans, top recovery turbines, steam turbines | Korean sales agency |
| 2008 | DSME, Korea | Optimum cargo loading system for LNG carriers | Joint development |
| 2009 | Toyohashi University of Technology, Japan | SF6 treatment equipment | Joint development and technical advice |
| 2010 | POSCO, Korea | Miss-crop detection vision system | Technology transfer |
| 2012 | DSME, Korea | Cargo tank VOC reduction system | Joint development |
| 2021 | Suzhou Sincoo Metal, China | Pipes and tubes | Korean sales agency |
The table above records the agreements as they stood in June 2022.
Customers
- Shipbuilding and offshore — DSME, DSEC, Navantia (Spain), Nakilat-Keppel Offshore & Marine (Qatar)
- Owners — Kuwait Oil Tanker Company, Bergesen Worldwide, Ibaizabal Group
- Steel and materials — POSCO (Pohang and Gwangyang), POSCO E&C, POSCO International, Hyundai Steel, Dongkuk Steel
- Other industry — Samsung Corning, Samsung Electro-Mechanics, Hansol CSN, Binggrae, Daewoo Heavy Industries
- Public and research — Korea Sports Promotion Foundation, KOREATECH, Seoul National University of Technology, Korea Institute of Industrial Technology, RIST
Have a project in mind?
Send us your specification and we will respond with a technical proposal.