Independent journal on economy and transport policy
13:36 GMT+1
3 shipbuilders get $840 mil. orders for 12 VLCCs
(The Korea Herald)
April 1, 1999
Three Korean shipbuilders are to build 12 very large crude oil carriers (VLCCs) for $840 million, business sources said yesterday. The sources said that Hyundai, Daewoo and Samsung's heavy industries have signed a letter of intent (LOI) with Basil Hellespont Steamship of Greece to build 12 VLCCs. The three Korean shipbuilders will construct four 300,000 ...... Read more on The Korea Herald
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