HD Korea Shipbuilding Secures KRW366 Billion Order for Two LPG Carriers; Shares Rise 3%

MT Newswires Live11:35

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for two liquefied petroleum gas (LPG) carriers from an Asia-based shipper, according to a Monday filing with the Korean Exchange.

The deal is valued at 366 billion won. The shipbuilder will deliver the vessels by Dec. 31, 2029.

Shares of HD Korea Shipbuilding rose nearly 3% in recent trade.

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