Daewoo Shipbuilding Wins 606-bln Deal

January 3, 2008

According to Asia Pulse Data Source, Daewoo Shipbuilding & Marine Engineering Co., has won a deal valued at 606 billion won (US$647 million) to build a drill ship. The deal calls on Daewoo Shipbuilding to deliver the vessel by July 2011, the company said in a regulatory filing, without identifying the customer. Daewoo Shipbuilding has won more than $22 billion worth of contracts so far this year to build 136 vessels.

Related News

Houthi Leader Vows to Escalate Attacks on Merchant Shipping Australia Backs Long-Term Gas Exploration Unfinished Hornbeck MPSV Arrives at Eastern for Build Completion VARD to Build Hybrid Ocean Energy Construction Vessel for Island Offshore Conflict Heating Up Over Cosco's Megaport in Peru