Hyundai Mipo Dockyard has continued a busy July with a newbuilding order for an LPG carrier.

As shipbuilding orders dwindle worldwide, this is the yard's seventh new ship contract this month alone.

The latest vessel is a gas ship worth KRW 61.1bn ($52m).

Delivery is due by July 2021, but the client, from the North America region, was not named.