[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)