South Korea: HMD Pens Contract for 20 MR Product Carriers

Korean shipyard Hyundai Mipo Dockyard has been awarded with a contract for 20 Medium Range (MR) product carriers by Sinokor Merchant Marine, according to Fearnleys Weekly report.

Reportedly, the contract was signed last week and it comes in the form of 10 formally ordered and 10 optional 52,000-dwt tankers.

The delivery is planned for 2014-2015.

The estimated overall value of the contract is around 680 million USD, i.e., USD 33.5-34 million per ship.

52K Product&chemical tanker:

DWT(MT) 51,800

Length 174m

Breadth 32,2m

Depth 19.1m

CARGO TANK 55,100

SERVICE SPEED 15.4 knots

Hyundai Mipo Dockyard Co, one of HHI’s subsidiaries, is a shipbuilder of medium-sized vessels such as product/chemical carrier, bulk carrier, container carrier, PCTC, Con/Ro-Ro vessel, LPG carrier, General Cargo Carrier, Asphalt Carrier, offshore units and specialized vessels.

[mappress]
Shipbuilding Tribune Staff, December 6, 2012