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Hyundai Heavy bags order for supertankers

An unnamed European shipping company has ordered three new supertankers from South Korean shipbuilder Hyundai Heavy Industries.

Photo: Lee Jin-man/AP/POLFOTO/arkiv

The world's biggest shipbuilder, South Korean Hyundai Heavy Industries, has secured an order to build three supertankers, so-called VLCCs, reports Yonhap News Agency.

The order is worth USD 286 million, and the other party to the transaction is an unnamed European shipping company, says Hyundai Heavy. The first ship is scheduled for delivery in 2020.

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