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2010 November 30   11:02

Hyundai Heavy Industries to build VLGC for Korea's SK Shipping

Korea's SK Shipping has signed a contract with compatriot shipbuilder Hyundai Heavy Industries (HHI) at Hyundai Hotel in Geyongju on November 25 to build a VLGC of 82,000 cbm class. ??The VLGC is slated to arrive at SK Shipping in the beginning of 2013, and its price is said to be around the mid-$70m. ??One insider from SK Shipping told local media, "We are deploying a total of five vessels to transport LPG for SK Gas, and we have been focusing on expanding our fleet including placing orders for 15 new vessels in total this year."

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