Hyundai Mipo Dockyard has won a contract to build five product tankers from an unnamed shipowner in Europe. The South Korean shipbuilder said in a regulatory filing that the order is for five 50,000 dwt product tanker at $37.5m apiece.
The newbuildings are scheduled for delivery to the owner by 31 August 2016, according to Hyundai Mipo Dockyard.