HHI secures order for five VLOCs from Polaris
Published by Harleigh Hobbs,
Editor
Dry Bulk,
Hyundai Heavy Industries (HHI) announced today has signed a US$400 million worth contract to build five 325 000 DWT VLOCs (Very Large Ore Carrier) with Polaris Shipping.
It is the option exercised following the contract of ten same class VLOCs with Polaris Shipping on 25 September.
HHI Group’s shipbuilding affiliates have so far, this year won new orders of 110 ships worth US$6.7 billion, 90% of the US$7.5 billion annual target.
Read the article online at: https://www.drybulkmagazine.com/shipping/23102017/hhi-secures-order-for-five-vlocs-from-polaris/
You might also like
Inmarsat Maritime signs agreement with Pacific Basin to install connectivity service on five bulk vessels
Recent real-world tests saw the fully managed service achieve download speeds of up to 330 – 340 megabits per second and upload speeds of up to 70 – 80 Mbps, while network availability on vessels exceeded 99.9%.