HD Hyundai Secures New VLGCs Order from Middle East-based Shipper

MT Newswires Live

04-23

HD Hyundai Heavy Industries (KRX:329180) secured a new order to build two very large gas carriers (VLGCs) for an unnamed Middle East-based shipping company, the shipbuilder said in a regulatory filing with the Korea Exchange.

The order is valued at 310.1 billion won and is expected to be delivered by the end of August 2027.

Shares of HD Hyundai Heavy Industries rose nearly 1% at market close on Wednesday, April 23.

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