HSD Engine Signs 52.8 Billion KRW Ship Engine Supply Contract with Daewoo Shipbuilding & Marine Engineering

by Lee Myeonghwan

Published 13 Apr.2022 09:41(KST)

[Asia Economy Reporter Myunghwan Lee] HSD Engine announced on the 13th that it has signed a contract worth 52.8 billion KRW to supply ship engines with Daewoo Shipbuilding & Marine Engineering.

This amount corresponds to 8.8% of last year's sales revenue. The contract period is until September 30, 2024.

HSD Engine stated, "This is a contract to supply engines for ships to be built by Daewoo Shipbuilding & Marine Engineering," adding, "The contract period may vary depending on the progress of the shipbuilding schedule."