Daewoo Wins $602m Deal

Tuesday, March 11, 2008


Daewoo Shipbuilding & Marine Engineering Co., has won a deal worth $602mto build eight
container ships, Korea Times said.

The deal with a European shipping company entails Daewoo Shipbuilding to deliver the vessels by January 2011, the shipbuilder said in a regulatory filing.

The shipyard has clinched deals valued at $1.9b to build 15 ships so far this year. Daewoo Shipbuilding aims at winning $17.5b worth of orders this year.

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