Mipo wins 15 more product carriers

Hyundai Mipo Dockyard in South Korea secured orders for 11 product carriers plus four options from three ship owners valued at $550 million. Four 46,000DWT product carriers from National Chemical Carriers in Saudi Arabia, four 47,000DWT and five 37,000DWT product carriers from Gulf Energy Maritime in UAE, and two 37,000DWT ice classed product carriers from The Great Eastern Shipping Company.

All of 15 ships will be delivered from the first half of 2007.