Industry
Hyundai Heavy bags order to build 2 oil tankers
Feb. 21, 2017
Hyundai Heavy Industries Co., a major shipyard in South Korea, has received an order to build two oil tankers, industry sources said Tuesday.Under the deal with a Greek shipowner, Hyundai Heavy will build two very large crude carriers with 320,000 DWT by the end of 2018, the sources said, adding that the two sides have been in negotiations since January this year. (Yonhap)The value of the deal and other terms were not revealed, but an oil tanker with such a capacity is roughly priced at $82 mill