Hyundai Mipo Inks USD 212.7 Million Worth Contract
South Korean shipbuilding company Hyundai Mipo Dockyard (HMD) today revealed in a regulatory filing to the Korea Stock Exchange, that it has entered into a new shipbuilding contract.
The order for six Product Carriers (PCs) comes from an undisclosed Marshall Islands-registered shipowner.
The value of the contract is estimated to be around $212.7 million.
The vessels should be delivered by the end of April 2016.
World Maritime News Staff, February 7, 2014; Image: HMD