
South Korea's Hanjin Shipping Co. said Friday it has signed a deal worth 120 billion won (US$112.8 million) with the country's third-largest refiner S-Oil Corp. to transport crude oil. Hanjin Shipping will annually bring in 1.92 million tons of crude between 2014 and the first half of 2019 to Onsan, a port 410 kilometers southeast of Seoul, from Ras Tanura in eastern Saudi Arabia, the company said.
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