South Korea’s Hyundai Heavy Industries, the world's biggest shipbuilder and a leading industrial plant contractor announced that the company has received a total of over US$13.8 billion orders this year ended in July, down by 14% compared to the same period a year ago.

In July, the company received an order to supply 25,000 tons of steel products for the Satah Al Razboot (SARB) project under an order placed by United Arab Emirates (UAE)’s state-run Abu Dhabi Marine Operating Company (ADMA-OPCO).

The project included 12,000 tons of steel plates and 13,000 tons of steel long products.