Hanwha Ocean Secures 375.9B KRW Order for One LNGC from European Shipowner, Contributing 2.9% of Revenue

Hanwha Ocean disclosed on May 28, 2026, that it has secured an order for one LNGC from a European shipowner at approximately 375.9B KRW (based on USD 1,501.60).
The contract value represents 2.9% of the company's 2025 consolidated revenue (about 12.78T KRW), with a contract period from May 28, 2026, to September 28, 2029 (about 3 years and 4 months).
Payment will be collected based on construction progress, including down payment and advance payment. The final amount and schedule may change due to exchange rate fluctuations and construction progress.
This order reaffirms Hanwha Ocean's LNG carrier building capabilities and is expected to strengthen the stable earnings base of the shipbuilding division.