South Korean shipbuilder Hyundai Mipo Dockyard has revealed another order for product tankers.

The shipyard said it had agreed a contract to build two vessels for a combined KRW 87.9bn ($75.6m).

It gave no details, but the price suggests MR-type ships.

The owner is an unnamed European company.

Delivery will take place by the end of October 2020.

In May, parent Hyundai Heavy Industries said Mipo had won an order for four product carriers, without giving further details.