Hyundai Mipo Wins Major Tanker Order from Alterna Capital

hyundai mipo dockyard alterna capital partners
Image: Hyundai Mipo Dockyard

Hyundai Mipo Dockyard (HMD) announced today the winning of a six-ship petrochemical tanker newbuild order worth KRW 187,500,000,000 (USD $185 million).

The order comes from Alterna Capital Partners and consists of a series of eco-designed 25,000 dwt ships. The vessels will be 169.0 meters in length with a beam of 25.6 meters and are scheduled to be delivered by the end of Q3 2016.

HMD notes this order brings Alterna Capital’s current newbuild program to 10.

Alterna Capital was not immediately available for comment.