HHI Projects a Revenue of $15.9Bn in 2020

Laxman Pai
Sunday, January 5, 2020

South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, which includes the world's largest shipyard, aims for a revenue of USD 15.9 billion in 2020.

Yonhap News Agency said the combined target of Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries Co. and Hyundai Mipo Dockyard Co. remains unchanged from last year’s goal.

HHI said it aims to bag $8 billion worth of deals in 2020, according to the report.

Hyundai Mipo Dockyard said in a regulatory filing that it aims to clinch deals worth $3.65 billion this year.

In 2019, Hyundai Mipo Dockyard won orders worth $2.7 billion, achieving 76 percent of its annual order target of $3.53 billion.

Hyundai Samho Heavy Industries said it aims to secure orders worth $4.25 billion this year.

Categories: Vessels Contract Shipbulding Shipbuilding And Repair

Related Stories

Unifeeder, Sagarmala Finance Corporation Limited to Advance Sustainable Coastal Shipping in India

Maritime Recruitment Webinar: How Much Does "Connectivity" Matter

China Strikes Back: Additional Port Fees for US Ships from Mid-October

Current News

Liebherr USA Appoints New Divisional Director

Port Houston Surpasses Three Million TEUs

Trump, Xi Pause Port Fees on Each Other's Vessels

US Grants India Sanctions Waiver to run Iranian Port

Subscribe for Maritime Logistics Professional E‑News