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THE INVESTOR
June 22, 2018
Big Reunion

Market Now

Korea Line inks W210.5b deal with GS Caltex

  • PUBLISHED :March 07, 2018 - 12:24
  • UPDATED :March 07, 2018 - 12:24
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[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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