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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

DSME bags W394.3b order from Oceania

  • PUBLISHED :February 27, 2018 - 18:32
  • UPDATED :March 15, 2018 - 12:29
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[DISCLOSURE] Daewoo Shipping and Marine Engineering (042660) announced on Feb. 27 that it has received a 394.3 billion won (US$367.82 million) order to build two LNG carriers from an Oceanian shipowner.

This amounts to 3.1 percent of its 2016 revenue and the contract is valid until Sept. 30, 2020.

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

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