Hyundai Heavy wins US$976m order for 8 containerships-World

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Hyundai Heavy wins US$976m order for 8 containerships

POSTED: 8:51 a.m. EDT, May 14,2007

South Korea's Hyundai Heavy Industries, the world's largest shipyard, has announced that it has won a KRW904.9 billion (US$976 million) from a Marshall Islands company to build eight containerships.

The contract calls for Hyundai Heavy to deliver the vessels by November 10, 2010, the shipbuilder said in a statement, without identifying the name of the client.

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