Hyundai Mipo Dockyard (HMD) has contracted an order for five feeder container ship newbuildings at a record price.
HD Korea Shipbuilding & Offshore Engineering Co (HD KSOE) said an unnamed European owner had ordered five boxships at KRW 414.5bn ($311m) — or $62.2m apiece.
The shipbuilding group did not disclose the capacity of the vessels but said they will be delivered by June 2026.
