South Korea's Hyundai Glovis is being named as the mystery owner behind an order for VLCC tonnage at Hyundai Heavy Industries.
Korean industry sources told TradeWinds the domestic shipowner will build two vessels.
On Wednesday, Korea Shipbuilding & Offshore Engineering Co (KSOE) — the parent for Hyundai Heavy Industries Holdings’ group of shipyards — announced that Hyundai Samho Heavy Industries had booked a VLCC newbuilding with an unnamed Asian shipowner.