South Korean shipbuilder HD Hyundai Mipo confirms contract talks after report of $1.55 billion order
Published by Global Banking & Finance Review®
Posted on April 8, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 8, 2025
1 min readLast updated: January 24, 2026
HD Hyundai Mipo is negotiating a $1.55 billion contract to build 20 container ships for a Greek shipowner, with delivery expected in 2027-28.
SEOUL (Reuters) - South Korean shipbuilder HD Hyundai Mipo Co is in contract talks on a new deal, it said on Tuesday in a regulatory filing in response to a local media report of a potential $1.55 billion order.
HD Hyundai Mipo and affiliate shipbuilder HD Hyundai Samho signed a letter of intent to build 20 container ships for a Greek shipowner for delivery in 2027-28, newspaper Seoul Shinmun reported on Tuesday, citing unnamed industry sources.
The company's filing gave no further detail on the potential deal.
(Reporting by Joyce Lee; Editing by David Goodman)
The article discusses HD Hyundai Mipo's contract talks for a $1.55 billion order to build container ships.
HD Hyundai Mipo, HD Hyundai Samho, and a Greek shipowner are involved in the deal.
The delivery of the container ships is expected between 2027 and 2028.
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