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Daewoo targets over $6.8 billion in deals for 2020

Daewoo targets over $6.8 billion in deals for 2020

Daewoo Shipbuilding & Marine Engineering Co. is seeking to secure deals worth more than $6.88 billion this year.

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The world's second-largest shipbuilder by order backlog won orders worth $6.88 billion to build 39 vessels, achieving 82 percent of its annual order target of $8.37 billion in 2019.

The 39 ships includes 10 LNG carriers, 10 super-large crude oil carriers, 11 container ships, two LPG carriers, five submarines (including one for maintenance) and one offshore plant.

On Friday, South Korea’s Hyundai Heavy Industries Group said its three shipbuilding units are seeking to secure deals worth a total of $15.9 billion this year.

The combined target of Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries Co. and Hyundai Mipo Dockyard Co. remains unchanged from last year.

Maritime Business World

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