Hyundai Samho Heavy Industries of Korea is said to have recently booked an order for four 320,000-dwt very large crude oil carriers from Kukje Maritime Investment Corporation's 11th Hi Gold Ocean.
Sources said the newbuilding price would be around $100m (about KRW 106.3bn) per ship, totalling about KRW 400bn.
11th Hi Gold Ocean is an record-based ship fund. Hi Investment & Securities is inviting private equity fund investors now.
These newbuilding VLCCs are to be long-term chartered by Hyundai Glovis, which plans to use them for CVC signed with Hyundai Oil Singapore starting from 2014.