Hyundai Heavy Industries Co. (HHI) secured a 420 billion won deal to build four 300,000-ton crude carriers by the first half of 2022 for companies from Europe and Oceania.
The buyers' names were not revealed.
HHI has three shipbuilders under its wing, namely: Hyundai Heavy, Hyundai Mipo Dockyard Co., and Hyundai Samho Heavy Industries Co.
This year, HHI has so far won orders to build seven crude carriers, representing 40 percent of the deals placed around the globe.
HHI expects to get additional orders, with a slew of deals for crude carriers being underway.