Major South Korean shipyard HD Korea Shipbuilding and Offshore Engineering Co. said Tuesday it has clinched a 356.3 billion-won (US$268 million) order to build two car carriers for a shipper in the Middle East. Hyundai Mipo Dockyard Co., one of HD Korea Shipbuilding's three shipbuilding units, will construct the pure car and truck carriers at its shipyard in the southeastern port of Ulsan, the company said in a regulatory filing. The vessels will be delivered to the undisclosed shipping company by May 2028. So far this year, HD Korea Shipbuilding has obtained orders to build 50 vessels worth $46.34 billion, or 47 percent of its yearly target of $13.5 billion. The ships include six liquefied natural gas carriers, 17 petrochemical carriers, 19 liquefied petroleum gas and ammonia carriers, and two oil tankers. HD Korea Shipbuilding, a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai, has three domestic units under its wing -- HD Hyundai Heavy Industries Co., Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries Co. Source: Yonhap News Agency
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