Hyundai Vinashin in Vietnam has secured an order for bulkers after a four-year hiatus.
Market sources say the sister company of Hyundai Mipo Dockyard (HMD) has been awarded a recently announced order by Bahri Dry Bulk, a subsidiary of Saudi Arabia's Bahri, for four 81,000-dwt newbuildings, which are scheduled for delivery in 2020. The deal does not include any options.