South Korea’s Hyundai Mipo Dockyard (HMD) has raked in a pair of midsize gas carrier (MGC) newbuildings at a record level.

Korea Offshore & Shipbuilding Engineering (KSOE) said an unnamed European owner has signed up for two LPG carriers worth KRW 193bn ($148.3m) or around $74m per ship — just shy of the price paid for the world’s first LPG dual-fuelled VLGC that was ordered four years ago.