Samsung Heavy Industries Co., the world's second-largest shipyard, said Monday that it has received a 689 billion won (US$641 million) contract to build a drill ship.
The deal with a U.S. shipping company calls on Samsung Heavy to deliver the vessel used for deep-water oil exploration by 2011, the company said in a regulatory filing.
Shares of Samsung Heavy closed at 32,900 won on the Seoul bourse, up 1.39 percent.
The deal with a U.S. shipping company calls on Samsung Heavy to deliver the vessel used for deep-water oil exploration by 2011, the company said in a regulatory filing.
Shares of Samsung Heavy closed at 32,900 won on the Seoul bourse, up 1.39 percent.