South Korea: HMD Inks Construction Contract for 52.000 DWT MR Product Tanker

Scorpio Tankers Inc has inked a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD) to construct a 52,000 DWT MR product tanker. The Company signed a contract with HMD to construct a newbuilding for $36.0 million, which is the Company’s seventh 52,000 DWT MR product tanker newbuilding with HMD.

The seventh newbuilding is scheduled to be delivered to the Company in April 2013.

Hyundai Heavy Industries Co., Ltd, the world’s largest shipbuilding company is headquartered in Ulsan, South Korea. The company is a subsidiary of Hyundai Heavy Industries Group. It has seven business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro & Electric Systems, Construction Equipment, and Green Energy. Hyundai Mipo Dockyard Co., Ltd, 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.

Shipbuilding Tribune Staff, February 22, 2012; Image: hmd

Share this article

Follow World Maritime News

Posted on February 22, 2012

In Depth>

Events>

<< Apr 2015 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Ice Class Vessels

Many kinds of Vessel operate near the poles, all of which are exposed to a number of unique demands…

read more >

17th Annual Global Liner Shipping Conference

Participants of GLS 2014 assessed industry’s most critical topics:
– Analysed the potential impact of the P3 alliance…

read more >

7th International Conference & Exhibition

The conference is a targeted event specially designed for, and aimed at, representatives from operations, maintenance and engineering from…

read more >

Sea Asia 2015

Sea Asia 2015 is expected to attract more than 14,000 participants including CEOs, presidents, decision-makers and maritime professionals…

read more >