Hyundai Heavy beats out Daewoo Shipbuilding to win $493m contract for ice-capable NZ tanker

Hyundai Heavy Industries, the world’s biggest shipbuilder, has beaten out its largest rival for the contract to build a $493 million ice-capable naval tanker for the New Zealand Defence Force which is part of an increased emphasis on the country’s strateg

Successful shipping industry vital for NZ economy

A strong and successful shipping industry is vital for this country’s prosperity.