South Korean shipyard Hanjin Heavy Industries has received a KRW75.6bn(US$67.9m) order to built two container vessels for an unnamed European owner, according to the company's stock announcement.

The contract was inked on May 29, and the two boxships are expected to be delivered by the end of November 2016.

Hanjin Heavy signed a similarly valued contract to build two 1,850teu container ships for an European buyer back in November 2014, so the latest order might be an exercise of an option for additional vessels.