HD Hyundai Mipo (KRX:010620) secured an order to build two container ships from an unnamed Asian shipper, the South Korean shipbuilder said in a Thursday regulatory filing with the Korea Exchange.
The deal, valued at 159.3 billion won, is expected to conclude in May 2027 when the vessels will be delivered to the client, according to the release.
Shares of HD Hyundai Mipo rose more than 2% in recent trade on Friday.