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

MT Newswires Live
25 Apr

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10