Market Chatter: HD Korea Shipbuilding Delivers 174,000-Cubic-Meter LNG Carrier

MT Newswires Live

Jan 07, 2025

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) commenced its 2025 export activities with the delivery of a 174,000-cubic-meter liquefied natural gas (LNG) carrier ordered in June 2022 by an Asian shipping company, Yonhap News reported Monday.

The vessel was completed in 2.5 years at the firm's affiliate HD Hyundai Samho Heavy Industries' shipyard in Yeongam, the report said.

Additional deliveries comprise a 16,000 twenty-foot equivalent unit (TEU) container ship and a 2,800 TEU container ship from affiliates HD Hyundai Heavy Industries (KRX:329180) and HD Hyundai Mipo Dockyard, respectively, it said.

Shares of HD Korea Shipbuilding & Offshore Engineering rose nearly 3% in recent trade on Tuesday while those of HD Hyundai Heavy Industries increased over 1%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1914381329.SGD","symbol_name":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2501362217","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501362217","pubTimestamp":1736219230,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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