Hyundai Mipo Dockyard Delivers World’s Largest LNG-Fueled Bulk Carrier

Sout Korea's Hyundai Mipo Dockyard has delivered the world's largest LNG-fueled bulk carrier.  The 50,000 dwt vessel was ordered in 2016 by Ilshin Logistics in collaboration with steelmaker POSCO. It features a new cryogenic Type 'C' LNG fuel tank made of high-manganese steel developed by POSCO and approved by international classification society Lloyd's … [Read more...]

Hyundai Mipo Wins LPG Carrier Newbuild Order

Hyundai Mipo Dockyard announced today it has won an order for two LPG carriers from an undisclosed ship owner. The value of the newbuild contract is KRW 108.5 billion (USD $102 million) and the ships are planned to be delivered by the end of Q1 2017. … [Read more...]

Hyundai Mipo Wins Major Tanker Order from Alterna Capital

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 … [Read more...]

Eastern Pacific Shipping Orders LPG Carriers as Positive Sentiment Abounds

Hyundai Mipo Dockyard's backlog of LPG carrier newbuilds has grown to 21 today as two more were added to the list by Eastern Pacific Shipping.  The Singapore-based firm placed an order today for a pair of 38,000 m3 LPG carriers, including two additional options for a total consideration of USD $102 million. The vessels will be delivered in March 2017 according to a statement by … [Read more...]

Hyundai Mipo Scores Order for Half Dozen Tankers

Hyundai Mipo Dockyard won a newbuild order today for six product tankers. The 228.6 billion KRW (USD $211.8 million) order was from an undisclosed Marshall Islands-registered shipowner and the vessels are due for delivery by April 2016 according to the regulatory filing.   … [Read more...]