
Oil Trader Vitol Places LPG Ship Order at Hyundai Heavy
SEOUL, July 30 (Reuters)– South Korea’s Hyundai Heavy Industries Co has actually won an agreement well worth as much as $600 million from Vitol, the globe’s biggest independent oil investor, for as lots of as 8 gas vessels.
The globe’s biggest shipbuilder authorized the agreement on Sunday to create 2 melted oil gas (LPG) vessels with a capability of 84,000 cubic metres each. The ships are anticipated to be provided in the initial fifty percent of 2019.
Vitol has the alternative to buy 6 even more vessels.
(Reporting by Haejin Choi; Editing by Kim Coghill)
( c) Copyright Thomson Reuters 2017.











