Iran, South Korea finalize contract to buy 10 ships
Iranian Shipping Lines (IRISL) finalized a contract with Hyundai Heavy Industries Company to buy 10 ships worth dlrs 650 million and develop technical cooperation on shipbuilding, the South Korean industry giant, Hyundai, said in a statement on Saturday. Hyundai said that the company wll build several container ships and oil…
Hyundai inks major Iran ship building deals
Iran is expected to get its first Ultra Large Container Vessels (ULCVs) to be built by Hyundai Heavy Industries Company. Iran says it has signed contracts with South Korea’s shipyard Hyundai Heavy Industries Company to build at least eight Ultra Large Container Vessels (ULCVs) as well as medium-range tankers for…
