HMD set its yearly delivery target at 96 ships ( 10 from Hyundai Vinashin in Vietnam) this year at a meeting on January 19. Product / Chemical Tankers will account for 63 ships. Work on LPG carriers and reefer containerships will commence in September and December. Mr. Choi Won-gil, president & CEO of HMD said HMD will continue being the No.1 shipbuilder for medium-sized ship this year.