
Temile signs $120m ship building contract with Hyundai Heavy Industries
Temile Development Company Limited; an indigenous shipping company operating in the Nigerian oil and gas industry, has signed a ship building contract with South Korean shipbuilder; Hyundai Heavy Industries Limited to build one firm and one optional Liquefied Petroleum Gas (LPG) carriers. Both vessels are valued at over $120 million with the first carrier expected to be delivered by the first quarter of 2020.