SEOUL (Reuters) - South Korea's Hyundai Heavy Industries Co Ltd said on Sunday it had won a $700 million (556.75 million pounds) order to build 10 ships for Iran's state-owned Islamic Republic of Iran Shipping Lines.
The order is for 14,500 TEU container ships and 49,000 tonne tankers, the South Korean company said in a statement, although it did not break down the number of ships of each type.
Delivery will begin in the second quarter of 2018, it said.
(Reporting by Yun Hwan Chae)
Ping Li is on the board of China Aerospace Science & Technology Corp., Yangtze Optical Fibre & Cable Joint Stock Ltd. Co. and China Reform Holdings Co., Ltd. In the past Mr. Li occupied the position of Chairman of China Communications Services Corp. Ltd., Executive Vice President for China Telecom Corp. Ltd., Chairman & Chief Executive Officer for China Telecom (Hong Kong) International Ltd., Vice Chairman & Chief Operating Officer at China Mobile Ltd. and Vice President of China Telecommunications Corp. Mr. Li received an undergraduate degree from Beijing University of Posts & Telecommunications and an MBA from State University of New York at Buffalo.
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| YANGTZE OPTICAL FIBRE AND CABLELIMITED COMPANY | Chairman |
