Hyundai Heavy wins $1.2 bln ship order from Maersk

Wed Jun 25, 2008 2:50am BST
 
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SEOUL, June 25 (Reuters) - Hyundai Heavy Industries Co Ltd (009540.KS), the world's top shipbuilder, said on Wednesday that it had won an 1.2 trillion won ($1.2 billion) order to build 13 container ships for A.P. Moller-Maersk (MAERSKb.CO).

Hyundai said in a filing to the Korea Exchange that the vessels would be delivered by October, 2011.

A Hyundai spokesman said by telephone that the order was part of a deal it signed with the Danish shipping and oil group for the delivery of 18 container vessels in 2011 and 2012. [ID:nL24458153]

($1=1028.7 Won)

(Reporting by Kim Yeon-hee; Editing by Jonathan Hopfner)

 

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