Life & Style | Motoring
Daewoo gets orders worth $2.3b in June
Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest yard, said it won $2.3 billion of orders in June, its biggest month this year, as demand increased for moving fuel and commodities.
- Bloomberg
- Published: 23:41 June 29, 2008
Seoul: Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest yard, said it won $2.3 billion of orders in June, its biggest month this year, as demand increased for moving fuel and commodities.
Contracts were received for 12 vessels in the month, the Seoul-based company said in an e-mailed statement. Buyers ordered nine Very Large Crude Carriers, the biggest of their type, a deepwater drill ship and two bulk carriers for 2012 delivery.
Yards in South Korea, the world's biggest shipbuilding nation, may win record orders for a sixth year as buyers pay a premium to ensure timely deliveries.
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