Daewoo Clinches $531m Order

Wednesday, June 28, 2006
Bloomberg has reported that Daewoo Shipbuilding & Marine Engineering Co., said it has received a $531m order to build container ships for a customer in Panama. The Seoul-based company will build an unspecified number of container ships and deliver them by April 30, 2010, Daewoo said in a regulatory filing to the Korea Exchange today, without revealing the identity of the customer. Daewoo and South Korea's six other shipbuilders, which built 38 percent of vessels delivered globally in 2005, said this month they may raise prices of ships to take advantage of record orders and protect their profits from increasing steel costs. Daewoo Shipbuilding earned a net income of 19.9 billion won in May, compared with a loss of 19.9 billion won in the same month last year, the company said. Sales last month rose 4.6 percent to 383.1 billion won from last year, Daewoo Shipbuilding said today. Source: Bloomberg
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

China Shipyard Delivers Handymax Size Bulk Carrier

COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer. The Handymax bulker measures 189.

OSC Plans Fleet Expansion through 2018

State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report,

Zamakona to Build Tug for HPC

Haifa Port contracts 70 t Voith Tug with Zamakona Yards Haifa Port Company (HPC) has awarded the international tender for a new build Voith Schneider tug to Zamakona Yards.

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1001 sec (10 req/sec)