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.


Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling
Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York
Syrah Resources and Tesla Extend Deadline on Graphite Supply Dispute to March
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales
Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
One Percent Rule Checklist For Safer Forex Trading Risk
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 



