DAEHAN SHIPBUILDING Co., Ltd. Order for 2 crude oil tankers from Oceania shipowner, KRW 249.8 billion
DAI summary · Not investment advice
Daehan Shipbuilding signed a KRW 249.8 billion deal to build 2 crude oil tankers for an Oceania shipowner, equal to 20.34% of its yearly sales.
Contract amount
KRW 249.8 billion
Key facts
- Counterparty
- Shipowner in the Oceania region
- Contract details
- 2 crude oil carriers (157,000 DWT)Construction order
- % of revenue
- 20.34%
- Contract period
- Nov 11, 2026 – Jun 28, 2030
- Recent revenue
- KRW 1.2 trillionBased on 2025 consolidated financial statements
- Supply region
- Oceania region
- Payment terms
- Payment collected according to construction progressDown payment/advance payment included
- Contract date
- Nov 11, 2026
Commentary
AI commentary · Not investment advice
What happened
Daehan Shipbuilding signed a contract to build 2 crude oil tankers (157,000 DWT) for a shipowner in Oceania. The contract amount is KRW 249.8 billion.
In the company's terms
The amount equals 20.34% of the company's revenue for the past year, which was KRW 1,228.1 billion on a 2025 consolidated basis.
What changes for shareholders
The contract period runs until 2030.06.28, counted by the delivery date of the ships. It may change depending on how the construction goes. Payment follows construction progress, and the contract includes a down payment and advance payments.
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