Daewoo Shipbuilding wins $300 mln German ship order

Related Topics

SEOUL | Thu Dec 3, 2009 5:20am EST

SEOUL Dec 3 (Reuters) - South Korea's Daewoo Shipbuilding & Marine Engineering (042660.KS), the world's No. 2 shipbuilder, has won a $300 million order from a unit of German utility firm RWE (RWEG.DE).

The order is for two vessels designed to set up offshore wind power facility, Daewoo said in a statement on Thursday.

As orders from the downturn-hit shipping industry dry up, special purpose vessels such as dredgers, research ships and others provide a small active market for top shipyards in South Korea. (Reporting by Rhee So-eui; Editing by Anshuman Daga) ((soeui.rhee@thomsonreuters.com; +82 2 3704 5650; Reuters Messaging: soeui.rhee.reuters.com@reuters.net)) ((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.