Daewoo Shipbuilding Marine & Engineering Co., won a $430m order to build an
offshore drill ship.
The deal from Odfjell Invest Ltd. calls for Daewoo Shipbuilding to deliver the semi-submersible ship by June, 2010, the company said.
Daewoo Shipbuilding said that the deal includes an option to build another drill ship.
The company won a total of $4.3 billion worth of orders in 2006 to
build offshore facilities such as platforms and rigs. For the year, Daewoo Shipbuilding expects more than $3 billion in orders to build such facilities.
So far this year, Daewoo Shipbuilding has won $1.65 billion worth of orders to build ships and offshore facilities, about 15 percent of this year's target of $11 billion.
Source: Yonhap