While the Hong Kong-listed and China’s large privately-owned Rongsheng Heavy Industries is known as having secured an order for up to eight capesize bulkers from Greek shipowner
Hyundai Heavy Industries of Korea is suggested that it is likely to reach an order target of this year despite a weak performance in the first quarter.
Hyundai Mipo Dockyard made a regulatory filing on May 2 that it had signed a contract to build three bulkers totalling KRW 110.7bn (around $99.9m) with European based shipowner.
Hyundai Heavy Industries of Korea has been awarded a contract from China Shipping Container Lines (CSCL) to construct five 18,000 teu ultra large containerships which are due for delivery early 2015.