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Hyundai Wins $843m Order

Maritime Activity Reports, Inc.

February 4, 2008

Hyundai Heavy Industries Co., reportedly won a $843m deal to build six container ships, according to a report on www.kois.go.kr. According to the report, Hyundai will deliver the vessels by May 2011. This year, Hyundai Heavy plans to deliver 134 ships, and expects to win $27.4b worth of orders. (www.kois.go.kr)