Hyundai Mipo Dockyard Terminates Contract for Two PCTC Ships
[Asia Economy Reporter Oh Ju-yeon] Hyundai Mipo Dockyard announced on the 9th that the contract for two PCTC ships with a shipping company based in the Marshall Islands has been terminated. The cancellation amount is approximately 171.8 billion KRW. The company explained, "The shipowner requested contract cancellation as they judged it difficult to secure final chartering, so we agreed to terminate the contract."
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