November 20, 2008

Hyundai Mipo wins USD 180 million ship order from Europe

Reuters reported that South Korean shipbuilder Hyundai Mipo Dockyard had won a KRW 179.1 billion (USD 179.9 million) ship order from an undisclosed European company.

Hyundai Mipo in a filing with the Korea Exchange said that it will build two automobile carriers and deliver them to the company by the end of 2012.