Hyundai Heavy Wins Record Orders in Feb.

Monday, March 03, 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 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

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

A Better Charter Market in 2016?

Shipowners that charter out container ships to liner operators are hopeful that 2016 will bring increased demand and higher charter rates for containerships, JoC reports.

ABG Ties Up with GTT for LNG Technology

ABG Shipyard Ltd has tied up with Gaztransport and Technigaz (GTT) of France for the maritime transportation and storage of liquefied natural gas (LNG), reports Livemint.

Heerema Signs LOI with Jurong Shipyard for Giant Crane Vessel

Dutch offshore contractor Heerema Offshore Services has signed a letter of intent (LOI) with Sembcorp Marine’s Jurong Shipyard in Singapore for the construction

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1126 sec (9 req/sec)