The Korea Herald

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Daewoo Shipbuilding wins W640.8b order for 4 container carriers

By Yonhap

Published : Oct. 15, 2021 - 15:24

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(Daewoo Shipbuilding & Marine Engineering Co.) (Daewoo Shipbuilding & Marine Engineering Co.)
Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday that it has signed a 640.8 billion won ($542 million) deal to build four container carriers.

Under the deal with a European country, DSME will deliver the vessels by November 2024, it said in a regulatory filing.

In the first nine months, DSME posted $8.04 billion in new orders, surpassing its annual order target of $7.7 billion won.

It is the first time for the company to achieve its annual order target since 2014, when the company won new orders worth $14.9 billion, DSME said. (Yonhap)