Hyundai inks major Iran ship building deals
Iran is expected to get its first Ultra Large Container Vessels (ULCVs) to be built by Hyundai Heavy Industries Company./ Iran says it has signed contracts with South Korea’s shipyard Hyundai Heavy Industries Company to build at least eight Ultra Large Container Vessels (ULCVs) as well as medium-range tankers for carrying petroleum products. The contracts were the first of their kinds that Iran has signed after the removal of sanctions in January. They were sealed between Hyundai Heavy - the world’s biggest shipbuilder – and the Islamic ...
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