又一家韩国船厂将上市｜航运界

Company Overview - DH Shipbuilding, formerly known as Daehan Shipbuilding, is set to go public on the Korean Stock Exchange in the second half of this year [1] - The company primarily constructs Suezmax and Aframax tankers and is benefiting from a surge in global shipbuilding demand and improved financial conditions [1] Financial Outlook - Analysts predict that DH Shipbuilding's market capitalization could exceed 1 trillion KRW (approximately 730 million USD) post-IPO [1] Historical Context - DH Shipbuilding previously filed for bankruptcy reorganization in 2009 and was taken over by Daewoo Shipbuilding in 2013, concluding court management by the end of 2015 [3] - In August 2022, KH Investment Group acquired 95% of Daehan Shipbuilding for 200 billion KRW (around 150 million USD), which significantly improved its financial status [3] Market Trends - The IPO aligns with a "super cycle" in the global shipbuilding industry, driven by the need to replace many vessels delivered during the 2003-2008 boom [3] - According to BRS, the global shipbuilding output increased from 1,483 vessels in 2005 to 2,591 vessels in 2010, with many of these ships reaching 20-25 years of age this decade, necessitating the construction of more efficient vessels [3]