The Korea Herald

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Daewoo Shipbuilding bags W73b order from Europe

By Yonhap

Published : Nov. 13, 2020 - 14:06

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(Daewoo Shipbuilding & Marine Engineering Co.) (Daewoo Shipbuilding & Marine Engineering Co.)
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. said Friday that it has secured a 72.26 billion won ($64.8 million) order to build six container carriers from a European company.

The vessels are slated to be delivered by Jan. 31, 2023, Daewoo Shipbuilding said in a regulatory filing.

The order has an option for the European company to cancel an order for a maximum of two carriers, the shipbuilder said.

Daewoo Shipbuilding did not reveal the name of the European company.

So far this year, Daewoo Shipbuilding has bagged orders worth $3.95 billion in total to build 19 vessels, including six container ships, meeting 55 percent of its annual order target. (Yonhap)