Hyundai Mipo In Deal for Product Tankers

Hyundai-Mipo

Hyundai Mipo Dockyard has reportedly won a product tankers order.

According to the company’s stock exchange filing, an undisclosed European shipowner placed the order for two units.

The deal is worth around KRW 87.9 billion (USD 75.6 million).

The contract was signed in late June 2019, Hyundai Mipo said, adding that the new vessels are scheduled to be delivered to their owner by the end of October 2020.

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