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2013 January 9   10:55

Hyundai Samho bags order for four VLCCs

Hyundai Samho Heavy Industries bagged an order to construct four 320,000 dwt VLCCs for Kukje Maritime Investment Corporation's Hi Gold Ocean, Seatrade Asia online reports.

The newbuildings are priced around $100m per unit, according to industry estimates.

The VLCCs will be chartered by Hyundai Glovis on a long term basis for Hyundai Oil starting from 2014.

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