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Biz News Korea(Eng)
Hyundai Heavy Industries wins $700 mn order from Iran to supply 10 containerships and tankers
- Collected
- 2016.12.11
- Distributed
- 2016.12.12
- Source
- Go Direct
Hyundai Heavy Industries wins $700 mn order from Iran to supply 10 containerships and tankers
Hyundai Heavy Industries senior executive director Chung Ki-sun and IRISL managing director Amirsaman Torabizadeh posed for a picture after signing a contract Friday.
The world’s largest shipyard said Sunday that it inked a deal with Iran’s state-owned Islamic Republic of Iran Shipping Lines (IRISL) to build four 14,400 twenty-foot equivalent (TEU) containerships and six 50,000 deadweight ton (DWT) oil tankers Friday.
The orders are valued at $700 million, taking up more than 10 percent of the shipbuilder’s total value of orders for this year worth $6.2 billion. The deal marks Iran’s first ship order since international sanctions were lifted early this year.
The containerships measure 366 meters in length, 48.2 meters in width and 29.9 meters in depth, capable of carrying 14,500 containers as measured in 20-foot units, while the product/chemical carriers are 183 meters long and 32.2m meters wide and 19.1meters high.
The containerships are to be built by Hyundai Heavy Industries. Its affiliate Hyundai Mipo Dockyard Co. will build the product/chemical carriers. The vessels will be delivered one by one starting the second half in 2018.
Moreover, Hyundai Heavy Industries will transfer technical know-how to Iran, which plans to build a shipyard and fleet to meet increasing oil trade demand.
By Moon Ji-woong
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]