Save the dates!

Which of the following will give shipowners the biggest headache in 2008?

Fuel costs
Crew shortages
Freight rates
Environmental regulations
Maritime security regulations

Marine Log

March 3, 2008

HHI wins $5.7 billion in orders in February

Hyundai Heavy Industries has set a new record by winning US$5.7 billion in orders in February, the highest figure ever for a single month, reports Chosun Ilbo.

The shipbuilding giant said Sunday that it won $5.7 billion in orders for 25 ships last month, including a $1.6 billion contract from Total for a floating production, storage and offloading vessel (FPSO).

The February orders also include a $660 million drillship order from Greece and 15 high-value-added very large containerships.

Including figures from affiliate Hyundai Samho Heavy Industries, the company has taken $7 billion in orders for 35 vessels this year, as of February.


marine log logo

Save the dates!