Hyundai Mipo Secures Containership Order

South Korean shipbuilder Hyundai Mipo Dockyard, part of Hyundai Heavy Industries (HHI), has received an order for two feeder containerships.

The deal was inked with an undisclosed shipowner from Asia, according to Hyundai Mipo’s stock exchange filing.

As informed, the contract is worth KRW 82.7 billion (USD 71.2 million).

The 2,500 TEU vessel pair is expected to be delivered in the second half of 2020.

Reports say that the two Sub Panamax vessels would be constructed for Korea Marine Transport Co. (KMTC).

In March this year, KMTC already ordered three identical 2,500 feeders at Hyundai Mipo yard. The company will be paying USD 35 million for each of the 35,000 dwt newbuilds.

To be fitted with scrubbers, the ships will feature a length of 197 meters and a width of 32.5 meters. They will be built at Ulsan Hyundai Mipo shipyard and delivered sequentially in the second half of 2020.

World Maritime News Staff

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