Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean has signed a contract with an Oceanian shipowner for the construction of two Very Large Crude Carriers (VLCCs) valued at approximately KRW 393.3B, representing 3.1% of its recent annual revenue.
📊 [Key Disclosure Details & Financial Figures]
- Contract Title: 2 VLCCs
- Contract Type: Construction Order
- Contract Amount: KRW 393,300,000,000 (Approx. KRW 393.3B)
- 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: Oceanian Shipowner
- Location: Oceania
- Contract Period: April 8, 2026 ~ January 4, 2030
- Key Conditions:
- Down Payment / Advance Payment: Yes
- Payment Terms: Collection based on construction progress
- Contract (Order) Date: April 8, 2026
- Other Remarks:
- Contract amount calculated using the standard exchange rate on April 8, 2026 (1 USD = 1,506.80 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
Checking subsequent construction progress and periodic filings is important because it allows investors to track potential adjustments to the contract period or final settlement amount during the construction process. Investors can verify further details through subsequent correction 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.
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