HD Hyundai Heavy Industries Secures KRW435.3 Billion Order for Two Container Ships

MT Newswires Live11-10

HD Hyundai Heavy Industries (KRX:329180) won a contract to build two container ships from an Asian shipper, according to a Monday filing with the Korea Exchange.

The deal is valued at 435.3 billion won, and represents 3% of the company's sales in 2024. The shipbuilder will deliver the container ships by Oct. 31, 2028.

Shares of the company rose nearly 2% in recent trade.

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