ID :
185721
Wed, 06/01/2011 - 06:18
Auther :
Shortlink :
https://oananews.org//node/185721
The shortlink copeid
Hyundai Heavy wins US$1.12 bln order for 2 drill ships
SEOUL, June 1 (Yonhap) -- Hyundai Heavy Industries Co., South Korea's leading shipbuilder, said Wednesday that it has won a US$1.12 billion deal to build two drill ships.
Under the deal with Rowan of the U.S., Hyundai Heavy will deliver the vessels used to find oil and gas wells in deep waters by June 2014, the company said in a regulatory filing.
Hyundai Heavy has won orders valued at $11.7 billion to build 44 ships so far this year, achieving 60 percent of its yearly order targets of $19.8 billion.
Shares of Hyundai Heavy were trading at 508,000 won on the Seoul bourse as of 11:00 a.m., up 0.59 percent.
Under the deal with Rowan of the U.S., Hyundai Heavy will deliver the vessels used to find oil and gas wells in deep waters by June 2014, the company said in a regulatory filing.
Hyundai Heavy has won orders valued at $11.7 billion to build 44 ships so far this year, achieving 60 percent of its yearly order targets of $19.8 billion.
Shares of Hyundai Heavy were trading at 508,000 won on the Seoul bourse as of 11:00 a.m., up 0.59 percent.
