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Hyundai Mipo wins chemicals carrier deal from Europe

This file photo provided by Korea Shipbuilding & Offshore Engineering Co. shows a petrochemical carrier built by Hyundai Mipo Dockyard. (Korea Shipbuilding & Offshore Engineering Co.)
This file photo provided by Korea Shipbuilding & Offshore Engineering Co. shows a petrochemical carrier built by Hyundai Mipo Dockyard. (Korea Shipbuilding & Offshore Engineering Co.)
Hyundai Mipo Dockyard Co., a mid-sized shipyard here, said Monday that it has won a 80.2 billion won ($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. (Yonhap)

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