Hyundai Heavy Industries Co., the world's top shipbuilder by sales, said on Jan. 30, 2019 that it has clinched a 320 billion won (US$286 million) deal to build three very large crude carriers (VLCCs).

Under the deal with a European shipping firm, Hyundai Heavy will deliver the vessels, 330 meters long and 60 meters wide each, starting in the second half of 2020, the company said.

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

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)

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