Daewoo Shipbuilding Wins $602 Mil Container Ship Deal

Daewoo Shipbuilding & Marine Engineering Co., the world’s third-largest shipbuilder, said Tuesday that it has won a deal worth US$602 million to build eight
container ships.

The deal with a European shipping company calls on Daewoo Shipbuilding to deliver the vessels by January 2011, the shipbuilder said in a regulatory filing.