Daehan Shipbuilding Secures KRW276 Billion Order; Shares Jump 7%

MT Newswires Live

03/31

Daehan Shipbuilding (KRX:439260) secured an order for two crude oil carriers of 157,000 DWT from a shipowner in the Oceania region, according to a Tuesday filing with the Korean Exchange.

The contract, valued at 276 billion won, is valid until Sept. 30, 2029.

Shares of the company rose nearly 7% in recent trade.

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