KSOE Wins Newbuild Orders Worth $ 489m

KSOE extended Korea’s winning streak in tankers by adding 540 billion won ($489 million) in new orders, says a press release published on their website.

VLCC newbuildings

The shipbuilding holding entity of South Korea’s Hyundai Heavy Industries Group in a regulatory filing said that it landed a contract to build three very large crude carriers (VLCC) for an Asian client at 298.8 billion won. 

The VLCCs will be built by its subsidiary Hyundai Samho Heavy Industries for delivery from the second half...


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