January 22, 2024

Hanwha Ocean wins 331.2 bln-won order for 2 ammonia carriers

SEOUL, Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has clinched a 331.2 billion-won (US$247 million) order for two very large ammonia carriers (VLACs) from an Oceanian shipper.

The eco-friendly vessels will be constructed at Hanwh…

Seoul shares open slightly higher on tech gains

SEOUL, South Korean stocks opened slightly higher Monday on the back of gains from technology shares.

The benchmark Korea Composite Stock Price Index rose 4.81 points, or 0.19 percent, to 2,477.55 in the first 15 minutes of trading.

South Korea’s t…