SEOUL-- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday that it has signed a 640.8 billion won (US$542 million) deal to build four container carriers.
Under the deal with a European country, DSME will deliver the vessels by November 2024, it said in a regulatory filing.
In the first nine months, DSME posted $8.04 billion in new orders, surpassing its annual order target of $7.7 billion won.
It is the first time for the company to achieve its annual order target since 2014, when the company won new orders worth $14.9 billion, DSME said.
Source: Yonhap News Agency