Hyundai Mipo Adds Ten Product Carriers

South Korea’s Hyundai Mipo Dockyard (HMD) has been awarded a $330.5 million contract to build ten product carriers for a Marshall Islands-based shipper.

The deal, announced yesterday on the Korea Exchange, didn’t reveal many details on the vessel particulars and delivery dates. But one thing is for sure, steel cutting ceremony for the first vessel is scheduled to take place on May 7th 2014.

Hyundai Mipo, founded in 1975, entered into the newbuilding market in 1996, and has since specialized in the construction of medium-sized vessels of the highest quality. The shipyard was ranked in the world as the leading yard in PC (Product Carrier) segment with the market share of 50%, delivers about 70 new vessels every year.

 

World Maritime News Staff, April 9, 2014

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
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

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >