Hyundai Glovis announced in a regulatory filing Tuesday that its board of directors have decided to order three 6,700-ceu PCTC newbuildings.
Contract value is to be $214.5m in total, the company revealed.
An official from Hyundai Glovis said it is yet to sign the official newbuilding contract with a shipyard.
The vessels are scheduled to be delivered by the end of 2013.