HHI Secures VLCC Order

15 September 2010 (Last Updated September 15th, 2010 18:30)

Hyundai Heavy Industries (HHI) has secured a $537.5m contract to build five very large crude carriers for Hong Kong-based Brightoil Petroleum. The South Korean shipbuilder is planning to construct and deliver four of the five 318,000dwt vessels by the second half of 2012. HHI said

Hyundai Heavy Industries (HHI) has secured a $537.5m contract to build five very large crude carriers for Hong Kong-based Brightoil Petroleum.

The South Korean shipbuilder is planning to construct and deliver four of the five 318,000dwt vessels by the second half of 2012.

HHI said the remaining supertanker will be delivered by 2013.