August15 , 2026

    HD Hyundai Mipo bags $111M order for boxship pair

    Related

    India’s Major Ports Improve Ship Turnaround Time; JNPA Ranks 22nd Globally

    India’s major ports have recorded a significant improvement in...

    CONCOR Launches New Domestic Rail Traffic Stream from Vallarpadam to Bihar

    A new domestic containerised rail traffic stream has commenced...

    V.O. Chidambaranar Port Records 215.75% Growth in Potassium Sulphate Handling

    V.O. Chidambaranar Port Authority has recorded an impressive 215.75%...

    Gujarat Pipavav Port Faces 80,000-TEU Loss as West Asia Shipping Disruptions Persist

    Gujarat Pipavav Port is expecting a significant decline in...

    Share

    South Korean shipbuilder HD Hyundai Mipo—one of three affiliates under the umbrella company HD Korea Shipbuilding & Offshore Engineering—has won another multimillion-dollar order; this time for two containerships.

    On April 24, 2025, the company revealed in a stock exchange filing that it received a KRW 159.3 billion ($111.08 million) order from an undisclosed company based in Asia.

    The vessels are expected to be delivered to their owner by the end of May 2027.

    No further details regarding the boxship duo have been shared.

    The new contract comes just a few days after HD Hyundai Mipo clinched an order for two liquefied petroleum gas (LPG) carriers valued at KRW 230.6 billion.

    The gas carrier pair, reportedly ordered by the Netherlands-based Nieto Trading, is planned for delivery in July 2027.

    In related news, the Ulsan-based shipbuilder recently launched a 22,000 cbm liquefied CO2 carrier, described as the “world’s largest”. Ordered by Greek shipping company Capital Clean Energy Carriers, the newbuild is the first of four identical units being built at the yard for the Greek owner.

    Specifically, the 159.9-meter-long ship features three ‘Bi-lobe type storage tanks’ that can maintain a low temperature and high-pressure environment of -55℃ and five times the atmospheric pressure, making it fit for transporting various liquefied gas cargoes such as liquefied petroleum gas (LPG) and ammonia in addition to liquefied CO2.

    spot_img