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HD-Hyundai Marine Engine Secures KRW41 Billion Ship Engine Supply Contract in South Korea

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HD-Hyundai Marine Engine (KRX:071970) secured a 40.5 billion supply contract with Daehan Shipbuilding Co., expanding domestic sales, according to a Friday filing with the Korean Exchange.

The South Korean marine engine manufacturer said that the contract covers the supply of ship engines in South Korea and represents 10.1% of its consolidated sales in 2025.

The contract runs between Aug. 21, 2026, and June 29, 2029, and payment terms include advance, interim, and final payments according to the engine supply schedule.

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