Hyundai Mipo wins 94 bln-won product carrier order in Asia

SEOUL– Hyundai Mipo Dockyard Co., a South Korean shipbuilder, said Thursday it has received a 94 billion-won (US$77 million) product carrier order in Asia.

Hyundai Mipo will build two petrochemical product-carrying ships for an unidentified Asian shipper by December 2023, the company said in a regulatory filing.

Hyundai Heavy Industries Holdings has Korea Shipbuilding & Offshore Engineering Co. (KSOE) as a subholding company under its wing.

KSOE has three affiliates — Hyundai Heavy Industries Co., Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries Co.

Source: Yonhap News Agency

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