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

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