ULSAN < invest Korea

According to Yonhap News,

(SEOUL=Yonhap News) Hyundai Mipo Dockyard Co., a local shipbuilder in Ulsan, said Monday that it has received a 135 billion won (US$120 million) order to build four bulk carriers.

In a regulatory filing, the South Korean shipyard said it will deliver the vessels by December 2020. The shipbuilder did not reveal the name of the buyer or other details.

Hyundai Mipo is an affiliate of Hyundai Heavy Industries Co., one of the largest shipbuilders in the world.

sam@yna.co.kr

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