Hyundai Mipo Dockyard Co., Ltd. (HMD) won contracts
at Posidonia for 2 units of 22,000m³ class LPG carrier

11/6/2014

Hyundai Mipo Dockyard (HMD) has won an order to build 2 units of eco-type 22,000m³ class LPG Carrier from Marshall Islands-based US-listed shipowner, StealthGas inc.

The contracts were signed on Thursday 5th June in Athens by Mr. Cho Hyung-Rai, Senior Executive Vice President of Hyundai Mipo and Dr. Diamantis Andriotis CTO of StealthGas. The contracts include an option for 2 units exercisable by the owner.

The vessels will be 159m in length, 25.6m in breadth and 17.3m in depth and will be delivered in the 1st quarter of 2017.

This contract is the first deal between StealthGas inc. and Hyundai Mipo and StealthGas inc. is the world’s leading owner and operator of LPG pressurized carriers in the strategic 3,000-8,000m³ segment with total fleet of 60 vessels including Newbuildings.

Cass Technava was particularly proud for this specialized newbuilding order between so advanced organizations.

Posidonia Events, press release