On Tuesday, HD Korea Shipbuilding & Offshore Engineering Co. announced that it has secured an order worth 127 billion won (approximately US$95.9 million) to construct two product carriers for a shipping company based in Canada, as reported by YNA
Shipbuilding orders
Hyundai Mipo Dockyard, a subsidiary of HD Korea Shipbuilding & Offshore Engineering, will construct petrochemical product-carrying ships in Ulsan, South Korea. The undisclosed shipping company will receive the vessels by March 2025. HD Korea Shipbuilding has secured orders worth $10.48 billion this year, accounting for 66.6% of its annual target. The orders include 29 product carriers, three oil tankers, 24 container vessels, 16 LNG carriers, 14 LPG carriers, and two mid-sized gas carriers. HD Korea Shipbuilding is a sub-holding company of HD Hyundai, which oversees Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Samho Heavy Industries.
Did you subscribe to our newsletter?
It’s free! Click here to subscribe!
Source: YNA
