South Korean shipyard Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Engineering (KSOE), has received a contract for the construction of one liquefied petroleum gas (LPG) carrier.

The order has a value of KRW 182.1 billion (about $140 million), HMD said in a stock exchange filing on 1 July 2022.

As informed, the ship will be built for an undisclosed shipowner in Oceania and will have a capacity of 40,000 cubic meters.

It is planned to be delivered by the end of March 2025, according to HMD.

KSOE has so far this year won orders for the construction of 124 vessels worth $14.4 billion, Yonhap News Agency reported.

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