Hanjin Shipping Co., South Korea's leading shipper, said Wednesday that it has won a 360 billion won (US$327 million) deal to ship coal for a local utility firm. Under the deal with Korea Southern Power Co., the shipper would transport 2.2 million tons of the material annually from Indonesia, Australia and Canada to South Korea starting from 2012 for 15 years. In April last year, Hanjin Shipping also won a 184 billion won deal to ship coal for another South Korean utility firm. Hanjin Shipping currently operates a total of 30 ships for coal transportation for POSCO, Hyundai Steel Co. and others. Shares of Hanjin Shipping were trading at 16,450 won on the Seoul bourse as of 1:50 p.m., down 0.93 percent.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor