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| May 22, 2007 | Tuesday | Jamadi-ul-Awwal 05, 1428 |
Daewoo wins $1bn orders
SEOUL, May 21: South Korea’s Daewoo Shipbuilding and Marine Engineering said on Monday it had won orders worth a total $1.05bn to build 12 container ships for German clients. The new contracts were to build eight vessels for Germany's NV -- four 8,400-TEU (twenty-foot equivalent unit) and four 4,600-TEU ships -- and four 4,400-TEU ships for Germany's T and H by June 2010, it said in a statement.—AFP
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