Hyundai shipyard wins $320m

Thu, 13 Nov 2003, 00:00 WIB | Source: AFP

SEOUL: South Korea's Hyundai Mipo Dockyard Co. Ltd.,
affiliated with the world's largest shipbuilder Hyundai Heavy
Industry, said on Wednesday it has won new orders worth about
US$320 million.

The orders came from two separate deals to build six container
ships worth $258 million for Germany's Rickmers Reederei Gmbh and
two petrochemical carriers worth $62 millions for Vroon BV of the
Netherlands, it said.

Hyundai Heavy Industry retains a 27-percent stake in Hyundai
Mipo.-- AFP

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