Daewoo Shipbuilding & Marine Engineering Co. , South Korea's third-largest shipbuilder, said Tuesday that it has won a US$440 million order to build four oil tankers.
Under the deal with American Eagle Tanker Inc. Ltd. of Malaysia, Daewoo Shipbuilding will deliver the vessels by October 2013, the company said in a statement.
So far this year, Daewoo Shipbuilding has won orders valued at $3.9 billion to build ships and offshore facilities, raising the total order backlog to about $35 billion.
The shipbuilder is targeting $6 billion worth of orders this year.
Shares of Daewoo Shipbuilding closed at 19,400 won on the Seoul bourse, up 1.04 per cent from Monday's close.
Under the deal with American Eagle Tanker Inc. Ltd. of Malaysia, Daewoo Shipbuilding will deliver the vessels by October 2013, the company said in a statement.
So far this year, Daewoo Shipbuilding has won orders valued at $3.9 billion to build ships and offshore facilities, raising the total order backlog to about $35 billion.
The shipbuilder is targeting $6 billion worth of orders this year.
Shares of Daewoo Shipbuilding closed at 19,400 won on the Seoul bourse, up 1.04 per cent from Monday's close.