SERVICES

Hyundai Mipo bags order for LNG carrier

Seoul - Hyundai Mipo Dockyard Co., a midsized shipbuilder, has received a US$77 million order to build a LNG carrier writes South Korea’s Yonhap news agency

Seoul - Hyundai Mipo Dockyard Co., a midsized shipbuilder, has received a US$77 million order to build a LNG carrier writes South Korea’s Yonhap news agency.

Under the deal with Norway-headquartered Knutsen, Hyundai Mipo will deliver the 30,000-cubic meter ship by the first quarter of 2021.

Hyundai Mipo has an option to build one more ship as well, it said. Hyundai Mipo is an affiliate of Hyundai Heavy Industries Co., the world’s biggest shipbuilder by orders.

Pressed for time?

Get the best news of the week in your inbox

Subscribe ››