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THE INVESTOR
October 19, 2018
Big Reunion

DSME cinches W430.5b deal from Oceania

  • PUBLISHED :December 07, 2017 - 12:55
  • UPDATED :December 07, 2017 - 12:55
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[DISCLOSURE] Daewoo Shipping and Marine Engineering (042660) announced on Dec. 7 that it has received a 430.5 billion won (US$394.38 million) order to build a floating, storage, re-gasification unit and an LNG carrier from an Oceanian shipowner. 

This amounts to 3.4 percent of its 2016 revenue and the contract is valid until May 31, 2020.

By Hwang You-mee (glamazon@heraldcorp.com)

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