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Friday, September 30, 2016

Hyundai Heavy Wins Record Orders in Feb.

March 3, 2008

Hyundai Heavy Industries has set a new record in the global shipbuilding history by winning $5.7b in orders in February, the highest figure ever for a single month. The Korean shipbuilding giant said Sunday that it won $5.7 billion in orders for 25 ships last month, including a $1.6 billion contract with the French energy corporation Total (TOTB.F) for a floating production, storage and offloading vessel (FPSO).

The February orders also include a deal for a $660 million deep-sea oil and gas exploration drilling ship from Greece and 15 high-value-added very large container ships. Including figures from the company's affiliate Hyundai Samho Heavy Industries, the company has taken $7b in orders for 35 vessels this year, as of February. Hyundai Heavy hopes to secure orders for 202 ships and marine structures worth $26.8b in 2008. Source: AFP



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