By Kim Yoo-chul
Hyundai Mipo Dockyard, an affiliate of Hyundai Heavy Industries (HHI), the nation’s largest shipbuilder, said Thursday that it recently won combined orders worth $300 million to build 10 vessel.
The firm said that it will deliver the ships to owners in Europe by 2016.
“Most recently, CEO Choi Won-kil signed a deal with d’Amico to build two product carriers of 50,000 tons each in Rome and Italy. We are going to use advanced shipbuilding technologies to increase efficiency and cut costs,” said a company spokesman.
In March, Mipo also won massive deals to build four vessels of 38,000 tons each, another 50,000-ton vessel and three 57,000 ton bulkers.
Hyundai Mipo said earlier it is targeting orders worth $3.2 billion this year and aims to log 3.6 trillion won in sales. The shipbuilder has won deals valued at $2.1 billion so far this year to build 64 ships.