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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

DSME bags W1.2tr order from Asia

  • PUBLISHED :October 01, 2018 - 09:10
  • UPDATED :October 01, 2018 - 09:10
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[DISCLOSURE] Daewoo Shipping and Marine Engineering (042660) announced on Sept. 28 that it has signed a 1.21 trillion won (US$1.09 billion) contract to build 7 very large cargo vessels from an Asian shipowner.

This amounts to 10.9 percent of its 2017 revenue and the contract is valid until Aug. 28, 2020.

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

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