Marine Link
Thursday, March 28, 2024

Daewoo Shipbuilding Wins $530M in Orders

Maritime Activity Reports, Inc.

March 1, 2006

Daewoo Shipbuilding & Marine Engineering Co Ltd has won orders from Norway and Greece worth $530 million. The shipbuilder secured an order from Norway's Odfjell Invest I Ltd to build a semi-submersible drilling rig and a deal from Kristen Navigation Inc of Greece to build a very large crude-oil carrier (VLCC), taking its order book to $2.29 billion so far this year. The company did not disclose the financial terms of the individual deals. It has set a full-year target of 10 bln usd for overseas orders. (Source: Forbes)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week