Korea Shipbuilding & Offshore Engineering Co. (KSOE) has clinched a 90 billion won-order from Europe to build two 50,000-ton petrochemical carriers.
The vessels, to be built by Hyundai Mipo Dockyard Co., will be delivered to a European company by the second half of 2021.
Hyundai Mipo Dockyard Co. is a subsidiary of KSOE, which in turn is under Hyundai Heavy Industries Group.
There is also an option to build another petrochemical carrier.
So far, KSOE has bagged 19 orders to build petrochemical ships this year, on track to reach the contracts it clinched to build 40 petrochemical carriers in 2019.


Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook
Texas Man Charged After Fatal Tesla Full Self-Driving Crash in Katy
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round
Super Micro Employees Detained in Taiwan AI Server Export Investigation
Meta Cloud Ambitions Could Challenge AWS, Azure, and Google Cloud, Says Morgan Stanley
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027
Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 



