Tuesday, June 28, 2011

Daewoo inks more 18,000TEU‘s

South Korea's Daewoo Shipbuilding & Marine Engineering has scored 10 more 18,000TEU ultra-large containerships.

Daewoo president Nam Sant-tae and AP Moller-Maersk president Eivind Kolding signed the contract in Japan on June 27th to build additional 10 18,000TEU ships.

The deal is worth about KRW 2trn ($1.84bn) and the newbuildings are scheduled for delivery by 2015 to the Danish shipping giant.

Daewoo signed first 10 same vessel order in February and of the 20 optional ships 10 have now been firmed up.

Daewoo said its high sales capability, differentiated technology and deep trust the owner has in it have led to the clinching of the deal, as well as the active support from the Export-Import Bank of Korea.

Meanwhile, Daewoo also announced that it signed two 9,200TEU containership order with Singapore's Neptune Orient Lines for KRW 110bn ($101m) per ship on 24th.

The company also said that it agreed with NOL to change the size of the 10 8,400TEU ships inked last year to 9,200TEU ones on the day.

Including the latest deals, Daewoo has penned newbuilding orders for 28 vessels worth $6.67bn so far this year, attaining about 61% of its annual order target of $11bn.

Published : June 27, 2011

Source: Asiasis

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