April 24, 2024
Market Now
Korea Line inks W210.5b deal with GS Caltex
[DISCLOSURE] Korea Line (005880) announced on March 7 that it has signed a 210.5 billion won (US$197.21 million) contract with GS Caltex to provide transportation between Korea and the Middle East with 2 LNG carriers.
This amounts to 38.96 percent of its 2016 revenue and the contract is valid for five years.
By Hwang You-mee (glamazon@heraldcorp.com)
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