The world’s second-largest shipbuilding country, South Korea, has won its first VLCC newbuilding contract in three years — at the highest price “since the 2008 global financial crisis”.
New York-listed DHT Holdings is said to be the company to have ended the drought with a firm two-ship deal at Hanwha Ocean — the former Daewoo Shipbuilding & Marine Engineering — disclosed on 23 February.
