SEOUL, Sept. 6 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has received a 2 trillion-won (US$1.5 billion) liquefied natural gas (LNG) ship order in Africa.
The world's fourth-biggest shipbuilder by order backlog will build seven LNG carriers for an unidentified shipper in Africa by February 2026, the company said in a regulatory filing.
The shipyard has obtained $8.17 billion worth of ship orders so far this year, achieving 92 percent of its annual order target of $8.9 billion.
It had an order backlog of $28.8 billion, or 131 ships, as of the end of August.
Faltering exports hurt S. Korea's growth momentum, no improvement in sight
Apple Pay draws mixed reaction in S. Korea over its imminent service
'Korean paper' hit hard by insurer's uncalled bonds
(News Focus) Bond market jitters likely to persist despite stabilization measures due to high inflation, high rates: analysts
Hanwha eyes major boost in defense, green energy drive with envisioned Daewoo Shipbuilding takeover