Hyundai Mipo wins chemicals carrier deal from Europe

SEOUL, Hyundai Mipo Dockyard Co., a mid-sized shipyard here, said Monday that it has won a 80.2 billion won (US$73 million) order to build two petrochemical carriers for a European company.
The deal calls for the shipyard to deliver the vessels by March next year, the company said in a regulatory filing.
Hyundai Mipo Dockyard is a listed unit of Korea Shipbuilding & Offshore Engineering Co., the subholding company of Hyundai Heavy Industries Holdings Co.
Korea Shipbuilding, which has three shipbuilders under its wing, has bagged orders worth $1.4 billion for 14 ships so far this year.

Source: Yonhap News Agency

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