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>

<< Feb 2018 >>
MTWTFSS
29 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 1 2 3 4

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >