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Home World Asia Pacific

Hyundai Glovis earmarks $750m for six more supersized car carriers

28 April 2024
in Asia Pacific
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Hyundai Glovis earmarks 0m for six more supersized car carriers
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Hyundai Glovis, based in South Korea, is planning to expand its fleet by adding more ultra-large car carriers.

The shipping and logistics division of Hyundai Kia Automotive Group has announced its intention to invest approximately $750 million in six LNG dual-fuel 10,800 ceu vessels, which are expected to be delivered by 2028.

“We have made the decision to invest in new ships in order to ensure a more stable…



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Tags: 750mcarcarriersearmarksGlovisHyundaisupersized
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