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19 Sep
13:20

Ore carriers could boost Hyundai Heavy

South Korean shipbuilder Hyundai Heavy could win orders for as many as ten very large ore carriers (VLOCs) from Polaris Shipping. The Korean shipping firm is looking to renew its fleet to carry iron ore from Brazil to Asia after safety issues with its existing fleet, Kallanish notes. The ten 300,000 deadweight tonne class vessels come as Korea’s shipbuilding sector begins to revive after terrible 2016. Hyundai Heavy’s own orders are up 64% over Janua…
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