Wednesday May 9, 10:09 AM
Daewoo Shipbuilding wins $1.6 bln ship orders
SEOUL, May 9 (Reuters) - South Korea's Daewoo Shipbuilding &
Marine Engineering said on Wednesday it has won $1.6
billion in orders to build 16 ships from several firms.
Daewoo, the world's second-biggest shipbuilder, said in a
filing with the Korea Exchange that the orders include an
agreement to build two car carriers for U.S-based Liberty
Maritime Corp and a contract to deliver three oil carriers for an
unidentified Liberian firm.
Daewoo said it would deliver the vessels by April 2011.
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