Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Daewoo-Oil tanker Contract

description

In 2005, Iran contracted both Daewoo and Hyundai Engineering to build 10 more large oil tankers. The Islamic Republic sought to double its fleet of large tankers by 2010 due to rising crude costs. This contract was completed in August of 2009.

Status

  • Current Status:
  • Discussion Date: Mon, 2007-01-01
  • Contract Date:
  • Completion Date: Sat, 2009-08-15

Citation

1. "Hyundai and Daewoo to share Iranian tanker order", Alexander's Oil and Gas Connection, May 26, 2005, available at http://www.gasandoil.com/GOC/company/cnm52175.htm

All projects by Daewoo Shipbuilding