The leading shipbuilder of South Korea, HD Hyundai Heavy Industries, has made history by landing a $463 million deal to construct four warships for the Peruvian Navy.
This is a landmark achievement for Hyundai Heavy and Korea, as it is the largest warship export sale to Latin America.
According to the contract, HD Hyundai Heavy, in partnership with Peru’s state-owned shipbuilder SIMA Peru, will build four warships at Peru’s Callao shipyard by the...