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Hyundai Heavy wins deal to build 2 oil tankers

All Headlines 18:00 October 05, 2016

SEOUL, Oct. 5 (Yonhap) -- Hyundai Heavy Industries Co., a major shipyard here, has clinched a deal to build two oil tankers, industry sources said Wednesday.

Under the contract with a European client, Hyundai Heavy will deliver the vessels starting in 2018.

Financial terms of the deal were not disclosed.

Hyundai Heavy has bagged deals to build 18 ships in the first eight months of the year, with the value dipping 75.7 percent on-year to reach US$2.27 billion.

sam@yna.co.kr
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