Global Business in Iran Database

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

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Hyundai-Oil Tanker Contract

description

 

In 2005, Iran contracted both Daewoo and Hyundai Engineering to build 10 large oil tankers. The Islamic Republic sought to double its fleet of large tankers by 2010 due to rising crude costs. No information is available on the status of this contract.

 

Status

  • Current Status:
  • Discussion Date: Mon, 2007-01-01
  • Contract Date:
  • Completion Date:

Citation

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

All projects by Hyundai