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Hyundai Heavy to Build Largest Semi-Submersible Vessel

Hyundai Heavy Industries (HHI) won an order to build a $240m semi-submersible heavy transportation vessel (SSHTV) from Dockwise. The vessel is specially designed to transport more than 110,000 tons of offshore oil and gas production facilities including FPSO (Floating, Production, Storage and Offloading) units. After completed, FPSO are usually transported by two or three tug boats from shipyards to operating sites, taking about months to mobilize on the sites.