Hyundai Mipo Dockyard announces order for three container ships from European owner

Hyundai Mipo Dockyard of South Korea, the Hyundai group’s specialist shipyard for small and mid-sized vessels, has announced that it received orders for three container vessels from an undisclosed European owner.

In a regulatory filing to the Korean Stock Exchange, the company said that the orders would be worth the equivalent of USD 102.30 million in total.

The price tag of USD 34.1 million per vessel suggests that the ships will be in the size class of about 2,500 teu. Delivery dates (expected to be mid-2015) and the identity of the owner are expected to be revealed soon.

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