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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.

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