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HYUNDAI HEAVY MISSES 2008 ORDER TARGET.
SEOUL, Jan 1 Asia Pulse - Hyundai Heavy Industries Co., (KSE:009540) the world's largest shipbuilder, said Wednesday that it failed to meet this year's order target due to the global economic slump.
It received orders valued at a record US$28.2 billion this year, up 12.77 percent from $25 billion last year, the shipyard said in a regulatory filing.
But it fell short of its yearly target of $29.4 billion, according to Hyundai Heavy.
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