HD Korea Shipbuilding Secures Order for Two Container Ships from Asian Shipper; Shares Rise 4%

MT Newswires Live

2025/04/25

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) secured an order to build two container ships from an unnamed Asian shipper, the South Korean shipbuilder said in a Thursday regulatory filing with the Korea Exchange.

The deal, valued at 559.6 billion won, is expected to conclude in June 2028 when the ships will be delivered to the client, according to the release.

Shares of HD Korea Shipbuilding & Offshore Engineering rose nearly 4% in recent trade on Friday.

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