HHI secures NITC order

Hyundai Heavy Industries has secured an order for eight tankers from NITC (National Iranian Tanker Company). The contract consists of four 317,000DWT VLCCs and four 164,000DWT Suezmax tankers. Hyundai H.I. will build two VLCCs while their Samho yard will build the other six. Deliveries are scheduled for 2008 and 2009.