Friday, December 28, 2007

South Korea's Daewoo wins $3 bln in ship orders

Daewoo Shipbuilding and Marine Engineering Co., the world's third-largest shipbuilder, has won a combined $3 billion order to build four ships for three different companies.

Daewoo said in a filing with the Korea Exchange that it would build one floating production, storage and offloading unit for a company in Europe, two bulk carriers for a company in Asia and a drillship for company from the Oceania region. None of the companies was named. It would deliver all the ships by July 2011.
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