STX Offshore & Shipbuilding, a South Korean shipbuilder, said on Monday it had won $340 million in orders to build tankers for an unidentified European company.
The total value is for eight tankers, including optional orders for four tankers, STX said in a statement.
The orders mark a signal that the stagnant shipbuilding market, which has seen new orders drying up since late last year, might be heading for a recovery, STX added.
The total value is for eight tankers, including optional orders for four tankers, STX said in a statement.
The orders mark a signal that the stagnant shipbuilding market, which has seen new orders drying up since late last year, might be heading for a recovery, STX added.