Narendra Modi, prime minister of India, visited Hyundai Heavy Industries to seek increased partnership between Indian shipyards and HHI to ensure India’s shipbuilding industry can benefit from the expertise and experience of HHI.
During the meeting held at the HHI headquarters in Ulsan, the prime minister and the HHI management discussed various ways to expand cooperation on naval defense, LNG carrier construction and shipbuilding technology, HHI said in a statement.
Prime minister Modi has shown particular interest in HHI’s technological prowess in building a wide range of naval vessels as well as high value-added vessels such as LNG carriers.
In the foreseeable future, India’s state-run gas company GAIL is likely to place an order of maximum 11 LNG carriers to haul LNG from the US to India for 20 years starting in 2017. Meanwhile, HHI recently signed an MOU with India-based engineering major Larsen & Toubro on technological support for construction of LNG carriers.
The visit of the Prime Minister this time is expected to cement the ties between HHI and its Indian counterpart.
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Image: Ministry of External Affairs, India