HD Korea Shipbuilding Secures KRW1.08 Trillion Order for Six VLACs from Europe

MT Newswires Live

05/21

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) secured an order for six very large ammonia carriers (VLACs) from a European shipowner.

The deal is valued at 1.08 trillion won. The shipbuilder will deliver the vessels by Dec. 20, 2029, according to a Thursday filing with the Korean Exchange.

Shares of the shipbuilder added more than 4% at market close.

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