Korean yard giant wants orders for USD 23 billion this year
The major Korean shipbuilding group Hyundai Heavy Industries has a clear goal set for the coming year - to fill the orderbook with orders for USD 22.95 billion, says the CEO of the debt-ridden company, Kwon Oh-gap.
BY LOUISE VOGDRUP-SCHMIDT
2014 was a tough year for the Korean yard group and the world's biggest shipbuilder, Hyundai Heavy Industries (HHI). The company expects a poor result for the year, which brought a deficit of USD 593.56 million in the 2nd quarter. The operating deficit came to USD 1 billion, the biggest loss in the history of the shipyard.
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