In one week Hyundai Mipo Dockyard (HMD) signed contracts for 8 vessels.  HMD has now received orders for more than 70 vessels in 2008, which is in line with the company’s projections.

On July 16^th HMD received orders for two Pure Car & Truck Carriers (PCTC)  from a European owner. The PCTCs, which will be delivered by the end of 2012, will measure 200m in length and have a car-carrying capacity of 6,500 units.

On July 18^th HMD secured a deal with a European owner for four 37,000- dwt bulk carriers, which will be delivered in January of 2012. A third European owner has ordered two 46,000-dwt vessels. The owner will take delivery of the product tankers in 2011.