STX Shipbuilding wins 586-bil-won ship deal

STX Shipbuilding Co., the world’s fifth-largest shipyard, said Wednesday (Mar. 26) that it has won an order valued at 586 billion won ($594 million) to build four ships.

The deal with a European shipping company calls on STX Shipbuilding to deliver the very large crude carriers by November 2011, the company said in a regulatory filing.