Hyundai Mipo Order Revised Up

Maritime Activity Reports, Inc.

November 14, 2008

According to a Nov 13 Reuters report, Hyundai Mipo Dockyard Co Ltd said it had signed a $408m order that revised up a 2007 contract to reflect changes to ship types.

South Korea-based Hyundai Mipo had initially won a $373m order for eight container ships from an unidentified company in Europe in September 2007. The new contract now calls for the shipbuilder to deliver two container ships, two product carriers and three liquefied petroleum gas carriers, Hyundai Mipo said in a filing with the Korea Exchange.

(Source: Reuters)

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