Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
This filing discloses an amendment to Hanwha Ocean’s shipbuilding contract for four containerships awarded by a European shipowner, extending the contract completion date from November 15, 2024, to February 14, 2025.
📊 [Key Disclosure Highlights & Summary]
- Filing Type: Sales and Supply Contract (Amendment)
- Related Filing Submission Date: October 15, 2021
- Reason for Amendment: Change in contract end date
- Key Revisions:
- Contract End Date: (Before) November 15, 2024 → (After) February 14, 2025
[Detailed Contract Terms]
- Contract Classification: Construction Contract
- Contract Title: 4 Containerships
- Contract Amount: KRW 640,800,000,000 (Applied exchange rate of USD 1 = KRW 1,195.00 as of October 14, 2021; rounded to the nearest hundred million KRW)
- Recent Annual Revenue: KRW 7,030,200,000,000 (Based on FY2020 consolidated financial statements; rounded to the nearest hundred million KRW)
- Contract-to-Revenue Ratio: 9.1%
- Counterparty: European Shipowner (Relationship: None)
- Supply Region: Europe
- Contract Period: October 14, 2021 – February 14, 2025
- Order Date: October 14, 2021
- Disclosure Deferral Details: None
- Other Material Notes: Contract period and final settlement amount are subject to change during construction.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Contract Completion by Revised Deadline and Monitoring Further Adjustments
This amendment extends the contract end date for four containerships, making it essential to monitor whether the contract is fulfilled as scheduled by the revised deadline (February 14, 2025) and whether further amendments occur regarding the contract period or final settlement amount. Verification of these factors is necessary to evaluate the final project execution and any potential adjustments during construction. Relevant updates can be verified through future regular financial reports (Quarterly, Semi-Annual, or Annual Business Reports) or subsequent official public disclosures.
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