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2011 June 3   06:11

Sungdong Shipbuilding rises annual targets

Amid its recent entrance into the offshore sector Sungdong Shipbuilding & Marine Engineering has hiked its annual order target from $3.53bn to $5bn, the same target as STX Offshore & Shipbuilding.
The South Korean shipbuilder has won new orders for 33 ships and offshore facilities worth $2.2bn so far this year, including first orders for 8,800 teu boxships, shuttle tankers and an FSO.

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