HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for eight very large gas carriers (VLGCs) from an Asia-based shipper, according to a Monday filing with the Korean Exchange.
The deal is valued at 1.416 trillion won. The shipbuilder will deliver the vessels by June 30, 2030.
Shares of the shipbuilder fell over 1% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments