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(Korea Times) Jhoo Dong-chan - In December 2016, Hyundai Heavy Industries (HHI) signed a deal with Iran's state-owned Islamic Republic of Iran Shipping Lines (IRISL) to build four container ships and six oil tankers for $700 million. Yet the world's largest shipyard has not delivered a single vessel. "It is impossible for us to deliver the ships with U.S. sanctions back in position," said an HHI official.2018-06-12 00:00:00Full Article
U.S. Sanctions on Iran Block Delivery of Korean Container Ships, Oil Tankers
(Korea Times) Jhoo Dong-chan - In December 2016, Hyundai Heavy Industries (HHI) signed a deal with Iran's state-owned Islamic Republic of Iran Shipping Lines (IRISL) to build four container ships and six oil tankers for $700 million. Yet the world's largest shipyard has not delivered a single vessel. "It is impossible for us to deliver the ships with U.S. sanctions back in position," said an HHI official.2018-06-12 00:00:00Full Article
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