Samsung Heavy Industries cancels delivery of a crude oil tanker ordered three years ago after the Oceania-based owner failed to make the final payment, with minimal financial impact expected as the company plans to recover costs through advance payments and resale.
#YonhapInfomax #SamsungHeavyIndustries #CrudeOilTanker #OrderCancellation #AdvancePayment #OceaniaOwner #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103610
Samsung Heavy Industries Cancels Delivery of Oil Tanker Ordered Three Years Ago as Owner Fails to Make Payment

Samsung Heavy Industries cancels delivery of a crude oil tanker ordered three years ago after the Oceania-based owner failed to make the final payment, with minimal financial impact expected as the company plans to recover costs through advance payments and resale.

Yonhap Infomax
The Korea Exchange will soon be able to cancel outstanding orders during system failures or order surges, aiming to prevent market disruptions and enhance foreign investor convenience.
#YonhapInfomax #KoreaExchange #OrderCancellation #SystemFailure #ForeignInvestors #MarketRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93342
Korea Exchange to Allow Order Cancellation by Authority Amid System Failures and Order Surges

The Korea Exchange will soon be able to cancel outstanding orders during system failures or order surges, aiming to prevent market disruptions and enhance foreign investor convenience.

Yonhap Infomax