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2011 May 20   09:54

HHI to build five shuttle tankers for Knutsen NYK

South Korea’s Hyundai Heavy Industries Co  has won a combined order to build up to five shuttle tankers for Norway-based Knutsen NYK Offshore Tankers, sources said on Wednesday, Reuters reports.Sources with knowledge of the matter told Reuters that the deal included an option for three additional vessels. Local media reported that the order was worth around $500 million.

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