SEOUL-- South Korean shipbuilder Hanjin Heavy Industries & Construction Co. said Tuesday that it has obtained a 310.5 billion won (US$261.4 million) order to build four container carriers.

Under the deal with a European shipper, Hanjin Heavy will deliver the vessels by November, 2023, the company said in a regulatory filing.

In April, creditors of Hanjin Heavy, led by the state-run Korea Development Bank (KDB), signed a deal with a consortium led by local builder Dongbu Corp. to sell it a 66.85 percent stake in the shipbuilder.

Source: Yonhap News Agency