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Hyundai Heavy Win USD 191 Million Order for LNG Carrier

Logistic News - Published on Thu, 12 Sep 2019

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Hyundai Samho Heavy Industries Co, a local shipbuilder said that it has won an order worth USD 191 million to build a liquefied natural gas carrier. Under the deal with H-Line Shipping Co, a midsize South Korean shipper, Hyundai Samho will deliver the vessel with a cargo capacity of 174,000 cubic meters by December 31, 2021.

Hyundai Samho, under Hyundai Heavy Industries Group, posted sales of 1.6 trillion won in the first half of the year, down 35 percent from a year earlier, but its operating profit swung to the black over the cited period.

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Posted By : Mohan Sharma on Thu, 12 Sep 2019
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