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2012 March 2   06:44

Hyundai Mipo gets $250m order from KOTC

Kuwait Oil Tanker Co (KOTC) has inked a deal to build four chemical tankers at Hyundai Mipo Dockyard, Seatrade Asia online reports. The order is worth KRW279bn($248.1m) and was signed in Kuwait on Tuesday. The tankers will be delivered to KOTC by August 2014. Hyundai Mipo has received $400m worth of orders so far this year and has a target of $3.2bn for 2012 as a whole.

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