South Korean shipbuilder HD Hyundai Mipo, part of HD Korea Shipbuilding & Offshore Engineering, has secured a fresh multimillion-dollar order for a pair of containerships.
In a stock exchange filing dated April 24, 2025, the company announced it had received a KRW 159.3 billion (approximately $111.08 million) order from an undisclosed Asia-based client. The vessels are scheduled for delivery by the end of May 2027. Further specifications about the boxship pair have not been disclosed.
This latest contract follows closely on the heels of another major order—two liquefied petroleum gas (LPG) carriers valued at KRW 230.6 billion, reportedly placed by Netherlands-based Nieto Trading. Those vessels are expected to be delivered in July 2027.
Meanwhile, HD Hyundai Mipo continues to push technological boundaries. The Ulsan-based yard recently launched what it describes as the world’s largest liquefied CO₂ carrier. Ordered by Greek company Capital Clean Energy Carriers, the 22,000 cbm vessel is the first of four identical ships under construction.
Measuring 159.9 meters in length, the vessel is equipped with three bi-lobe type storage tanks capable of maintaining temperatures as low as -55℃ and pressures up to five times atmospheric levels. This makes the carrier suitable for transporting liquefied CO₂, LPG, ammonia, and other gas cargoes under extreme conditions.