Daewoo Shipbuilding & Marine Engineering Co. , the world's third-largest shipyard, said Friday that it has won a deal to build four crude tankers for 743 billion won (US$710 million).
The deal with Kuwait Oil Tanker Co. calls on Daewoo Shipbuilding to deliver the very large crude carriers by the end of 2012, the company said in a regulatory filing.
So far this year, the shipbuilder has won deals valued at US$11.61 billion to build 59 vessels, accounting for 66.3 per cent of its yearly target of US$17.5 billion.
Shares of Daewoo Shipbuilding & Marine Engineering were trading at 36,200 won on the Seoul bourse as of 10:05 a.m., up 0.84 per cent.
The deal with Kuwait Oil Tanker Co. calls on Daewoo Shipbuilding to deliver the very large crude carriers by the end of 2012, the company said in a regulatory filing.
So far this year, the shipbuilder has won deals valued at US$11.61 billion to build 59 vessels, accounting for 66.3 per cent of its yearly target of US$17.5 billion.
Shares of Daewoo Shipbuilding & Marine Engineering were trading at 36,200 won on the Seoul bourse as of 10:05 a.m., up 0.84 per cent.