April 25, 2024
Industrials
HHI bags new orders for 15 ships
[THE INVESTOR] Hyundai Heavy Industries said on April 26 it has so far clinched new orders worth US$1.4 billion to build 15 ships this year, including 13 oil tankers.
In a regulatory filing, the shipyard said it bagged orders worth US$420 million to build five ships in April alone.
HHI said the combined orders, including those received by its two affiliates, Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard, have reached US$2.3 billion totaling 39 ships in 2017, the largest since 2014.
The four-month tally compares with US$500 million or eight ships secured a year earlier, it said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
In a regulatory filing, the shipyard said it bagged orders worth US$420 million to build five ships in April alone.
HHI said the combined orders, including those received by its two affiliates, Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard, have reached US$2.3 billion totaling 39 ships in 2017, the largest since 2014.
The four-month tally compares with US$500 million or eight ships secured a year earlier, it said.
By Alex Lee and newswires (alexlee@heraldcorp.com)
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