South Korean shipbuilder Hyundai Mipo Dockyard Co. said Friday it has won a 117.3 billion-won (US$87.6 million) order to build two product carriers for an African shipper.
Hyundai Mipo Dockyard will build the petrochemical product-carrying ships in its shipyard in the port of Ulsan, 307 kilometers southeast of Seoul, the shipbuilder said in a regulatory filing.
The vessels will be delivered to the undisclosed shipping company by July 2026, it added.
Hyundai Mipo Dockyard is one of the three affiliates of HD Korea Shipbuilding and Offshore Engineering Co., a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai. The two others are Hyundai Heavy Industries Co. and Hyundai Samho Heavy Industries Co.
Source: Yonhap News Agency