Hyundai Corporation has risen as a major player in the global small and middle sized vessel market as ‘Qingdao Hyundai Shipbuilding,’ a company it launched last June in Qingdao China, has won shipbuilding contracts worth $300 million within a mere month. Corporation concluded a new shipbuilding contract involving 9 units of 5,500-ton bunkering tankers with Aegean, a Greek shipping company. The contract was signed at the Shangri-La Hotel in Qingdao in the presence of President Mark Juhn, CEO of Qingdao Hyundai Shipbuilding Chung In-Mo and Eleftherious Albertis, CTO of Aegean. With another major contract under its belt, Hyundai Corporation has won a total of 28 construction orders of small and middle sized vessels totaling $330 in value…