Daewoo Gets $740m in Contracts for Two Vessels
Friday, September 14, 2007
Reuters reported that Daewoo Shipbuilding and Marine Engineering Co. had secured a combined $740m order to build a drill ship and a crude oil carrier.
The two vessel orders underlined booming oil exploration around the world, Daewoo said in a statement, as crude oil futures have set a series of recent records.
The shipbuilder will deliver the drill ship for $623.8m to an unidentified shipping firm from the Oceania Continent, while the crude oil carrier will go to a Europe-based shipper by the end of 2010.