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Daewoo Shipbuilding bags US$771 mln order for 6 ships

All News 13:46 December 30, 2019

SEOUL, Dec. 30 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., the world's second-largest shipbuilder by order backlog, said Monday that it has secured a 891.8 billion-won (US$771 million) order to build six container ships.

Under the deal, Daewoo Shipbuilding will deliver the ships to an unidentified client in Africa by October 2022, the company said in a statement.

With the latest deal, Daewoo Shipbuilding has won orders worth $6.88 billion for 39 vessels so far this year, achieving 82 percent of its annual order target of $8.37 billion.

Daewoo Shipbuilding's headquarters in central Seoul (Yonhap)

Daewoo Shipbuilding's headquarters in central Seoul (Yonhap)

entropy@yna.co.kr
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