Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
This filing is a corrected disclosure by Hanwha Ocean extending the contract completion date (from Dec 31, 2025 to Mar 13, 2026) for the construction of two LNG carriers worth approximately KRW 525.0B with an Oceanian shipowner.
📊 Key Filing Details & Key Figures Summary
1. Correction Details & Reason
- Original Disclosure: Sales and Supply Contract (Originally Filed: February 3, 2022)
- Reason for Correction: Change in contract completion date
- Corrected Item: Extension of contract end date from December 31, 2025 to March 13, 2026
2. Key Contract Details
- Contract Type: Construction Contract
- Contract Title: 2 LNG Carriers
- Contract Amount: KRW 525,000,000,000 (Approx. USD 436.63M)
- Recent Revenue: KRW 7,030,200,000,000 (Based on consolidated financial statements as of year-end 2020)
- Ratio to Recent Revenue: 7.5%
- Large Corporation Status: Applicable
3. Counterparty & Terms
- Counterparty: Oceanian Shipowner (Relationship: None)
- Sales/Supply Region: Oceania
- Contract Period: January 28, 2022 ~ March 13, 2026
- Key Terms: Down payment/Advance payment included; Payments collected according to construction progress
- Contract Date: January 28, 2022
4. Other Key Reference Information
- Applicable Foreign Exchange Rate: KRW/USD = 1,202.40 (Base rate as of January 28, 2022)
- Contract amount and recent revenue figures are rounded at the 100-million KRW level
- Contract period and final settlement amount are subject to change during the construction process
- Related Disclosure: Sales and Supply Contract dated February 3, 2022
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Extended Contract Completion Date and Construction Progress
This corrected disclosure reports an extension of the contract completion date from December 31, 2025 to March 13, 2026, for the two LNG carriers contracted in January 2022. Tracking the revised schedule and construction milestones is important for confirming the final completion and delivery under the contract. Relevant execution updates can be reviewed in upcoming Quarterly Reports, Half-Year Reports, Annual Reports, or subsequent disclosures.
📢 Disclaimer & Source Information
Source: This content was structured and newly written based on officially submitted data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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