Korea Shipbuilder Wins US$400-M Greek Order

By George Backwell
Friday, August 01, 2014
Contract: File image

Daewoo Shipbuilding & Marine Engineering Co., South Korea’s second-largest shipbuilder, says it has signed a contract to build 4 tankships for Maran Tankers Management, a unit of Greece’s largest shipper Angelicoussis Group, according to Yonhap News.

Daewoo Shipbuilding plans to deliver the tankers by 2016, the company informed Yonhap in an e-mailed statement.

The two companies have also signed a separate contract with an option to change the tankers' bunker-C oil-fuelled engines to LNG supply.

With the latest deal, the shipbuilder has won a total of about $5.8 billion of orders so far this year.


Source: Yonhap News Agency

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