Korea Shipbuilding & Offshore Engineering Secures Order for 4 VLCCs Worth 416.3 Billion KRW
[Asia Economy Reporter Park Jihwan] Hyundai Heavy Industries Holdings announced on the 15th that it has signed a supply contract for four ultra-large crude carriers (VLCC) worth a total of 416.3 billion KRW with a European shipping company.
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The contract amount corresponds to 7.63% of the 2019 sales revenue. The contract start date is June 14 of this month, and the contract end date is February 28, 2023.
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