OPK, HHI to cooperate on shipbuilding

United Industrial Corp. (OPK) and Hyundai Heavy Industries (HHI) have signed a contract for mutual shipbuilding cooperation.

Offshore staff

MOSCOW-- United Industrial Corp. (OPK) and Hyundai Heavy Industries (HHI) have signed a contract for mutual shipbuilding cooperation.

The agreement covers development of shipbuilding projects and mutual activity on designing vessels and development of ship equipment.

HHI will support OPK’s construction of new shipbuilding facilities, shipyard management, and vessel construction.

07/16/2009

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