Daewoo Shipbuilding & Marine Engineering Co., the world’s third-largest shipyard, expects orders for drilling vessels and offshore platforms to increase 18% this year, thanks to higher fuel prices, MarineLink reports citing a report from Bloomberg.
According to Nam Sang Tae, Daewoo Shipbuilding’s CEO, contracts for drill ships, semi-submersibles and offshore platforms may jump from $5.1 billion in 2010 to $6 billion this year, the report said.
According to Nam Sang Tae, Daewoo Shipbuilding’s CEO, contracts for drill ships, semi-submersibles and offshore platforms may jump from $5.1 billion in 2010 to $6 billion this year, the report said.