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Source: http://www.koreatimes.co.kr/www/tech/2018/06/693_250353.html
U.S. Sanctions on Iran Block Delivery of Korean Container Ships, Oil Tankers
(Korea Times) Jhoo Dong-chan - In December 2016, Hyundai Heavy Industries (HHI) signed a deal with Iran's state-owned Islamic Republic of Iran Shipping Lines (IRISL) to build four container ships and six oil tankers for $700 million. Yet the world's largest shipyard has not delivered a single vessel. "It is impossible for us to deliver the ships with U.S. sanctions back in position," said an HHI official.