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>

<< May 2016 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

2nd Annual Global Tax Optimisation for Shipping 2016

In this expert briefing, delegates will gain insights on recent updates, strategies and solutions for strategic as well as day-to-day tax challenges…

read more >

Ocean Week 2016

The overall goal of Ocean Week is to present the latest developments within ocean research and encourage the exchange of knowledge…

read more >

Canada LNG Export Conference and Exhibition 2016

Following the tremendous success of DMG’s 3rd Annual Canada LNG Export Conference & Exhibition, those fundamental to the development of LNG…

read more >

ACI’s 6th Maritime Security Management Asia

The conference will address detailed risk management and planning strategies that can be put in place in accordance with major regulations…

read more >