Hyundai Mipo Dockyard has inked additional order for a midsize LPG newbuilding.
Switzerland-based Geogas has exercised an option for a 35,000-cbm LPG carrier, set for delivery in January 2014.
The owner ordered a single 35,000-cbm vessel at the Korean yard last December and has now opted to take the first of two options it negotiated.
The ships have high specifications and are said to have been ordered at close to $50m each.