HD Hyundai Heavy Wins KRW340.3 Billion Deal with Asian Shipper for Two VLGCs

MT Newswires Live11-20 19:46

HD Hyundai Heavy Industries (KRX:329180) secured a deal valued at 340.3 billion won to build two very large gas carriers (VLGCs), the shipbuilder said in a Monday filing with KIND.

The VLGCs are expected to be delivered to an undisclosed Asia-based shipping firm by December 2027.

Shares of the company rose more than 5% at market close on Wednesday.

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