Hyundai Mipo Dockyard wins 240.1 billion won order for 4 medium-sized PC ships

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Hyundai Mipo Dockyard announced on the 31st ( Friday ) that it recently signed a contract to build four mid-sized PC carriers (Product Carriers) with a shipping company located in Africa . The total contract amount is KRW 240.1 billion .

The ships ordered this time are worth 46.2 million dollars per ship , and will be built at Hyundai Mipo Dockyard in Ulsan and delivered to ship owners sequentially from the second half of 2025 .

Hyundai Mipo Dockyard received orders for a total of 11 medium-sized PC ships by February of this year , and this time , it received orders for 4 additional ships, winning orders for 15 out of a total of 27 PC ships ordered worldwide this year, accounting for about 56% of the order . recorded _

In addition , Hyundai Mipo Dockyard owns 24 ships , which account for 80% of the 30 ship order backlog, in the world's medium-sized LPG carrier sector, showing the world's No. 1 market share .

Medium-sized LPG ships mainly transport LPG and ammonia . Demand for ammonia is expected to increase as ammonia is attracting attention as a next-generation eco-friendly fuel , and when ammonia propulsion engines are commercialized in the future , they are expected to be applied to medium-sized LPG ships first, maximizing the economic feasibility of ship operation. .

An official from Hyundai Mipo Dockyard said , “ As the market conditions for medium-sized PC and LPG carriers continue to improve, additional orders are expected in the future , and ship prices are also on the rise. ” We plan to continue to lead the way . ” < end >

  1. Signed a contract to build 4 medium-sized PC ships with an African shipping company … Expected delivery in 2025
  2. Orders for a total of 15 medium-sized PC ships this year … Leading mid-size LPG order backlog ranks first in the world
  3. “ We will lead the market with quality and technology as the world's No. 1 medium-sized ship ”

Hyundai Mipo Dockyard, an affiliate of HD Hyundai Shipbuilding Division, is leading the mid-size ship market .

Photo Description : A 50,000- ton PC ship built by Hyundai Mipo Dockyard in 2021 and delivered to the ship owner

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