SKorea's Daewoo Shipbuilding wins 1.66 bln usd orders this month
Daewoo Shipbuilding & Marine Engineering Co Ltd said it has won new vessel orders worth 1.66 bln usd this month.
The orders are equivalent to a quarter of its yearly revenue from shipbuilding for 2006.
The shipbuilder recently signed contracts with three major shipping companies in Europe for five container carriers and one LNG carrier, as well as securing orders from Greece and other clients for ten bulk vessels.
Four out of the ten bulk ships ordered this month will be constructed in the company's Okpo shipyard in South Korea while the rest will be built at its Romanian subsidiary.
'Demand for bulk ships has surged in recent months, resulting in a record high price for new ships,' the company said in a release. It plans to meet the growing need by utilizing new shipbuilding technologies. All the ships ordered this month will be delivered by July 2010, Daewoo said.
The orders are equivalent to a quarter of its yearly revenue from shipbuilding for 2006.
The shipbuilder recently signed contracts with three major shipping companies in Europe for five container carriers and one LNG carrier, as well as securing orders from Greece and other clients for ten bulk vessels.
Four out of the ten bulk ships ordered this month will be constructed in the company's Okpo shipyard in South Korea while the rest will be built at its Romanian subsidiary.
'Demand for bulk ships has surged in recent months, resulting in a record high price for new ships,' the company said in a release. It plans to meet the growing need by utilizing new shipbuilding technologies. All the ships ordered this month will be delivered by July 2010, Daewoo said.