Hyundai wins RI's order

Hyundai wins RI's order

SEOUL (Reuter): South Korea's Hyundai Corp said yesterday it won an $85 million order to build four oil tankers for four Indonesian firms, including Silverstone Development Inc.

A Hyundai statement said the tankers, including two 35,000 deadweight-ton (DWT) vessels, would be built by Hyundai Mipo Dockyard and Halla Heavy Industries Co.

The vessels would be chartered for 10 years by Pertamina, Indonesia's state-run oil company, the statement said.