Korea Shipbuilding wins big European tanker order

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Korea Shipbuilding wins big European tanker order

Korea Shipbuilding & Offshore Engineering said Monday that it has signed a 400-billion-won ($367 million) deal to build four crude carriers with a European company.
The 300,000-ton vessels to be built by Hyundai Samho Heavy Industries, a unit of Korea Shipbuilding, will be delivered starting in May 2022, the company said.
The company hinted at obtaining additional orders till the end of the year, saying, "There have been constant inquiries about various kinds of ships including very large crude carriers [VLCC]."
Korea Shipbuilding received 68 percent of global orders of 37 VLCCs so far this year.
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