Hyundai Heavy Industries Signs Contract to Build Four Container Ships Worth 594 Billion KRW
[Asia Economy Reporter Geum Bo-ryeong] Hyundai Heavy Industries, a subsidiary of Korea Shipbuilding & Offshore Engineering, announced on the 5th that it has signed a contract to build four container ships worth 594 billion KRW with an Asia-based shipping company.
The contract amount represents 10.89% of the 2019 sales revenue. Hyundai Heavy Industries' 2019 sales revenue reflects the performance from June 1, 2019, the date of the physical division establishment.
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The contract end date is September 27, 2023.
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