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The Korea Herald
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THE INVESTOR
April 20, 2024

Market Now

DSME bags W412b order from US

  • PUBLISHED :December 05, 2018 - 15:00
  • UPDATED :December 05, 2018 - 15:00
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[DISCLOSURE] Daewoo Shipping and Marine Engineering (042660) announced on Dec. 5 that it has signed a 412.1 billion won (US$369.60 million) contract to build 2 very large liquefied natural gas tankers from a US shipowner.

This amounts to 3.7 percent of its 2017 revenue and the contract is valid until June 30, 2021.

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

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