UPDATE : 2019.10.23 WED 09:49
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Hyundai Heavy wins US$130 mln deal for 2 oil carriers

Hyundai Heavy Industries Co., the world's largest shipbuilder by sales, said Friday that it has bagged a US$130 million deal to build two oil carriers.

This photo shows a very large crude carrier (VLCC) built by Hyundai Heavy Industries Co. (Yonhap)

Under the deal with a European shipper, Hyundai Heavy will deliver the 158,000-ton, 274-meter-long and 48-meter-wide vessels from the second half of 2020 onward, the company said.

Hyundai Heavy and its two affiliates are aiming to win $15.9 billion worth of shipbuilding deals this year, up 21 percent from a year earlier.

Last year, they secured $14 billion worth of deals to build a total of 163 ships, surpassing their annual order target of $13.2 billion. (Yonhap)

Lee Young-woong  edt@koreapost.com

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