Hyundai Mipo bags 135 bln won deal for 4 bulk carriers

SEOUL-- Hyundai Mipo Dockyard Co., a local shipbuilder, said Monday that it has received a 135 billion won (US$120 million) order to build four bulk carriers.

In a regulatory filing, the South Korean shipyard said it will deliver the vessels by December 2020. The shipbuilder did not reveal the name of the buyer or other details.

Hyundai Mipo is an affiliate of Hyundai Heavy Industries Co., one of the largest shipbuilders in the world.

Source: Yonhap News Agency

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