South Korean shipbuilder HD Hyundai Mipo confirms contract talks after report of $1.55 billion order
Workers seen walking into a ship under construction at Hyundai Heavy Industries' Shipyard in Ulsan, South Korea. (File Photo: Reuters/Kim Hong-Ji)
SEOUL : South Korean shipbuilder HD Hyundai Mipo Co is in contract talks on a new deal, it said on Tuesday in a regulatory filing in response to a local media report of a potential $1.55 billion order.
HD Hyundai Mipo and affiliate shipbuilder HD Hyundai Samho signed a letter of intent to build 20 container ships for a Greek shipowner for delivery in 2027-28, newspaper Seoul Shinmun reported on Tuesday, citing unnamed industry sources.
The company's filing gave no further detail on the potential deal.
Source: Reuters
