Hyundai Sets Record for Monthly Output

Reports indicate that Hyundai Heavy Industries Co., said yesterday that it set in December a new record in the monthly output of large ship engines. Hyundai Heavy produced 17 large ship engines capable of generating a total of 890,000 horsepower last month, well above its previous record of 760,000 horsepower in June, the company said. The record is attributable to the company's expansion of its facilities, installation of new equipment and increased efforts to clinch orders, Hyundai said. December's engine output is more than three times the monthly average of 250,000 horsepower by Mitsui Engineering & Shipbuilding Co., Japan's industry leader, Hyundai said. Source: Hearald International Tribune