• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

South Korean Daewoo Shipbuilding sets to target US$ 11 billion new orders in 2012

  • A
  • A
  • A
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) sets to target around US$11 billion in new orders in 2012 in line with the same forecast in 2011 though some orders have been cancelled due to the current credit crunch in euro zone, Reuters reported.

DSME, established in 1973 at Okpo Bay, Geoje Island, on the southeastern tip of the Korean Peninsula, has developed into the world's premium specialized shipbuilding and offshore contractor that builds various vessels, offshore platforms, drilling rigs , floating oil production units, submarines, and destroyers.

The management of this company said it has exceeded this year's orders target of US$ 11 billion, taking in around US$ 14.8 billion.

News Date 30 Dec 2011 13:15:59 reported by Mike Lo

Venezuela’s Sidor reduces crude steel output in 20...
Industry activities
27 Jan 2015 09:51
Japan’s crude steel output climb slightly in 2014...
Industry activities
26 Jan 2015 11:09
Posco operates new auto steel sheet producing mill...
Industry activities
23 Jan 2015 17:48
Japanese steel output remains unchanged in 2014...
Industry activities
23 Jan 2015 17:11
Weak exchange rate leads Mexican steel products fo...
Industry activities
23 Jan 2015 15:55
Most Popular