On December 26, Hyundai Mipo Dockyard, a subsidiary of HHI Group, announced a construction contract for four 1,800 TEU containerships.
The deal, signed with an undisclosed Asian company, is worth KRW 119.4 billion (USD 102.8 million).
The ship quartet is slated for delivery by the end of October 2021, Hyundai Mipo said in a stock exchange filing.
Separately, Hyundai Samho Heavy Industries, also part of HHI, revealed a KRW 218.8 billion (USD 188.4 million) order for two very large crude carriers (VLCCs).