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 May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Bahri Orders VLCC Newbuilds

Bahri ordered five newbuild very large crude carriers from Hyundai Samho Heavy Industries   The National Shipping Company of Saudi Arabia (Bahri) today signed

Construction Starts on Crowley’s 2nd LNG ConRo Ship

Construction begins on Crowley’s second Commitment Class, LNG-powered ConRo ship for use in the Puerto Rico trade   Shipbuilder VT Halter Marine, Inc. has officially

Scandlines Orders Ferry Battery System

Corvus Energy announces the signing of marine Energy Storage System (ESS) contract with Scandlines Denmark ApS; world’s largest battery hybrid electric fleet orders additional 2.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Winch
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: 0.3844 sec (3 req/sec)