• Most Popular
  • Most Shared

UPDATE 1-Hyundai Mipo wins $315 mln ship orders

Tue May 20, 2008 11:30pm EDT

Stocks

   

(Adds another deal)

SEOUL, May 21 (Reuters) - South Korea's Hyundai Mipo Dockyard Co Ltd (010620.KS) said on Wednesday it had secured a combined 330.7 billion won ($314.9 million) in orders from Europe and Asia to build bulk carriers.

Hyundai Mipo said in a filing to the Korea Exchange that it had won a 248.9 billion won order from Europe to build six bulk carriers, which would be delivered by Oct. 31, 2011.

The shipbuilder also said in a separate filing that it had received an order from Asia to build two bulk carriers for 81.8 billion won.

The two ships are scheduled to be delivered by Feb. 2011. ($1=1050.2 Won) (Reporting by Cheon Jong-woo; Editing by Ken Wills)



More from Reuters

A male polar bear cannabalizes a polar bear cub in an area about 300km (186 miles) north of the Canadian town of Churchill November 20, 2009. Credit: REUTERS/Iain D. Williams

Polar bear turns cannibal

As the world focuses on climate change in Copenhagen, the animal that has come to represent global warming is turning cannibalistic as the Arctic ice melts their hunting grounds, a U.S.-led global scientific study said.  Slideshow | Full Article 

    Climate Conference
    Emmanuel Roy, a suspect in a mortgage-fraud scheme is escorted by FBI agents after being taken into custody in New York, October 15, 2009. REUTERS/Brendan McDermid

    Sowing seeds of corruption

    Corruption, whether it's crooked officials, financial fraudsters or philandering sports stars, is the country's No. 1 criminal threat, says the FBI.  Full Article 

    Corporate Crime
    Space shuttle Atlantis lifts off from launch pad 39A at the Kennedy Space Center in Cape Canaveral, Florida November 16, 2009. Atlantis lifted off its seaside launch pad on Monday, loaded with spare parts to keep the International Space Station flying after the shuttles are retired next year. REUTERS/Scott Audette

    Can Florida re-launch itself?

    The sunshine state's space program is a boon for local businesses, especially when a shuttle takes off. But what happens when the 29-year old program comes to a close next year?  Full Article 

    U.S.