State spending on strategic industries to surge 43% next year
By Nam Kwang-sik
SEOUL, Oct. 15 (Yonhap) — 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.
This file photo, provided by Daewoo Shipbuilding & Marine Engineering Co. on May 22, 2020, shows a 24,000-TEU container carrier built by the shipbuilder. TEU stands for twenty-foot equivalent units, a measurement of cargo capacity. (PHOTO NOT FOR SALE) (Yonhap)
ksnam@yna.co.kr
(Yonhap News)