Shortcut to Body Shortcut to main menu

Investment News

  • Home
  • About Us
  • Newsroom
  • Investment News
Korea Shipbuilding wins 400 bln won order from Europe

According to Yonhap News,

By Nam Kwang-sik
SEOUL, Dec. 14 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. said Monday that it has signed a 400 billion won (US$367 million) deal to build four crude carriers with a European company.

The 300,000-ton vessels to be built by Hyundai Samho Heavy Industries Co., a unit of Korea Shipbuilding, will be delivered starting in May 2022, the company said.

The company hinted at obtaining additional orders till the end of the year, saying, "There have been constant inquiries about various kinds of ships including very large crude carriers."

Korea Shipbuilding has represented 68 percent, or 25 ships, of global orders of 37 very large crude carriers so far this year.

Source Text

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.

Source: Yonhap News (Dec 14, 2020)

** This is the translation of a Korean article.
Meta information