Hyundai Wins $300M Contract
Hyundai Corporation won shipbuilding contracts worth $300 million through its joint shipbuilding venture in China. The company announced that an additional deal concerning nine units of 5,500-ton bunkering tankers had been signed in January 13 at the Shangri-La Hotel in Qingdao. The event, which was presided by President Mark Juhn and other related personnel, was also used as the signing ceremony for the new-building contract of 16 units of 5,600-ton chemical tankers with Greek shipping company Evalend. All in all, Hyundai Corporation has won contracts totaling $330 million to build 28 ships through its shipbuilding arm in China. (Source: www.azom.com)
Hyundai Wins $300M Contract
Reports indicate that Hyundai Corporation has won shipbuilding contracts worth $300 million through its joint shipbuilding venture in China. The company announced that an additional deal concerning 9 units of 5,500-ton bunkering tankers had been signed in January 13 at the Shangri-La Hotel in Qingdao. The event, which was presided by President Mark Juhn and other related personnel, was also used as the signing ceremony for the new-building contract of 16 units of 5,600-ton chemical tankers with Greek shipping company Evalend. All in all, Hyundai Corporation has won contracts totaling $330 million to build 28 ships through its shipbuilding arm in China.
Hyundai Corporation Signs Shipbuilding Contract
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…
