Hyundai Heavy, unit win $1.6 bln order from Maersk

SEOUL - Hyundai Heavy Industries Co Ltd, the world's top shipbuilder, said on Wednesday that it and a unit had won a combined $1.6 billion order to build 18 container ships for A.P. Moller-Maersk



By (Reuters)

Published: Wed 25 Jun 2008, 3:07 PM

Last updated: Sun 5 Apr 2015, 1:13 PM

South Korea-based Hyundai Heavy and unit Hyundai Samho Heavy Industries Co Ltd have received orders for 13 and five ships, respectively, at $90 million per vessel, a Hyundai Heavy spokesman said by telephone.

Danish shipping and oil group Maersk, operator of the world's largest container shipping line, said on Tuesday it had signed a deal with Hyundai for delivery of 18 container vessels in 2011 and 2012. It did not disclose the value.

Hyundai Heavy and Hyundai Samho have won a total of $16.65 billion worth of orders so far this year, up 27 percent from the same period of 2007, the Hyundai Heavy spokesman said.


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