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Dongbang to ship equipment for Kazakhstan oil field project

Oct. 25, 2016 - 14:23 By KH디지털2
[DISCLOSURE] Dongbang Transport Logistics (004140) said on Oct. 25 that it has signed an agreement worth an estimated 226.9 billion won (US$199.7 million) with Kazakhstan’s Cosco Shipping to offer equipment shipping service for an oil field expansion project. 

The deal amounts to 36.02 percent of the firm’s revenue in 2015 and expires three years from 2018.

By Jung Min-kyung (mkj1105@heraldcorp.com)