Ten VLCC newbuildings ordered at Hyundai Heavy Industries and Hyundai Samho Heavy Industries in deals worth KRW 986bn ($878m) have been cancelled. The world’s largest shipbuilder said
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Ten VLCC newbuilding order at Hyundai yards cancelled
Shipbuilder said unnamed client had failed to come up with initial payment despite contract signing
5 February 2021 0:53 GMT
Updated
5 February 2021 12:24 GMT
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in
Singapore