According to a Dec. 8 report from Reuters Dec 8 South Korea's Daewoo Shipbuilding and Marine Engineering said it won a $1.05b order to build one drillship and one semi-submersible drilling rig.
L&T Construction has won new orders worth `1471 crores across various business segments in November & December 2013.
In Power Transmission & Distribution Business,
The metal spinning machine, a propeller nozzle manufacturing method with basically one single weld only is now operational in the Chinese plant of Damen Marine Components (DMC).
ABB, the leading power and automation technology group, won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems