Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean has entered into a contract with a North American shipowner for the construction of two Very Large Crude Carriers (VLCCs) valued at approximately KRW 394.3B, representing 3.1% of its recent annual revenue.
📊 [Key Disclosure Details & Financial Figures]
- Contract Title: 2 VLCCs
- Contract Type: Construction Order
- Contract Amount: KRW 394,300,000,000 (Approx. KRW 394.3B)
- Recent Annual Revenue: KRW 12,783,500,000,000 (Based on end-2025 consolidated financial statements, rounded to nearest 100M KRW)
- Ratio to Revenue: 3.1%
- Counterparty: North American Shipowner
- Location: North America
- Contract Period: July 14, 2026 ~ March 31, 2030
- Key Conditions:
- Down Payment / Advance Payment: Yes
- Payment Terms: Collection based on construction progress
- Contract (Order) Date: July 14, 2026
- Other Remarks:
- Contract amount calculated using the standard exchange rate on July 14, 2026 (1 USD = 1,504.90 KRW)
- Contract period and final settlement amount are subject to change during construction
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Construction Progress and Potential Adjustments to Contract Terms
This disclosure reports the receipt of a construction order valued at approximately KRW 394.3B from a North American shipowner for two VLCCs. Because the agreement explicitly notes that the contract period and final settlement amount may change during execution, tracking actual construction progress and any subsequent adjustments to terms is essential. Investors can verify further developments through subsequent disclosures and periodic reports (Quarterly, Half-Yearly, and Annual Reports).
📢 Disclaimer and Source Notice
Source: This content was structured and newly generated based on official submission data from the Financial Supervisory Service DART system.
Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial liabilities rest entirely with the individual investor.
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