Iran goes big with massive orders

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, are poised to win contracts worth almost $1bn to build 10 oil tankers for Iran. National Iranian Oil Tanker Co (NITC) will award the contracts to South Korea-based shipbuilders Daewoo and Hyundai, and Hyundai?s Samho facilities within the next three weeks ...

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