Oct 17, 2011

Daewoo Shipbuilding says wins $1.95 billion orders



Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals.

The South Korean shipbuilder said in a statement that it had signed a $1.4 billion deal to construct an offshore natural gas platform in Australia for Chevron Corp, and a $550 million agreement to build a drillship for an unidentified firm.
Reporting by Hyunjoo Jin and Ju-min Park; Editing by Jonathan Hopfner (Reuters)

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