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Hyundai falls short of 2009 orderbook target PDF Print E-mail
Friday, 05 February 2010 03:25

Korea: Hyundai Heavy Industries missed its US$7.5 billion target for newbuild orders in 2009 by a long shot, inking only US$444 million of orders instead.

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A securities filing showed that Hyundai only received US$41 million of new orders in the last quarter of 2009.

London’s Clarkson Research Services data showed that this consisted of three tankers, two 180,000DWT bulkers and one FPSO. This order included two contract alterations to existing orders.