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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

Korea Line inks W1.3tr deal with KOGAS

  • PUBLISHED :June 23, 2017 - 15:49
  • UPDATED :March 07, 2018 - 12:25
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[DISCLOSURE] Korea Line (005880) announced on June 23 that it has signed a 1.27 trillion won (US$1.11 billion) contract with Korea Gas (036460) to provide transportation between Korea and the US with 2 LNG carriers. 

This amounts to 234.48 percent of its 2016 revenue and the contract is valid until May 30, 2037.

By Hwang You-mee (theinvestor@heraldcorp.com)

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