HD Korea Shipbuilding Secures KRW469.9 Billion Order for Six Product Carriers; Shares Jump 5%

MT Newswires Live07-10

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) won an order for six product carrier vessels from a shipper in the Middle East, according to a Friday filing with the Korean Exchange.

The deal is valued at 469.9 billion won. The shipbuilder will deliver the product carrier vessels by June 30, 2029.

Shares of the shipbuilder added over 5% in recent trade.

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