SHI wins 1.1 billion won deal to build six container ships

Home > Business > Industry

print dictionary print

SHI wins 1.1 billion won deal to build six container ships

Samsung Heavy Industries said Tuesday that it had clinched a 1.1 billion won ($968 million) deal to build six container vessels to be delivered by the end of 2019.

Although the shipbuilder did not reveal the name of the buyer, industry sources believe it may be MSC, the world’s second-largest shipping company. Last week, Daewoo Shipbuilding and Marine Engineering also received a 927 billion won order to build five container vessels, with the buyer presumed to be MSC.

An earlier report said the two shipbuilders are expected to win a combined $1.5 billion in new orders.

With the latest deal, Samsung Heavy has received orders worth $6.5 billion so far this year to build 24 vessels.


More in Industry

Eastar Jet's pilot union pushes for receivership of airline

ITC agrees to review its decision in Botox dispute

Hyundai Motor and union come to a wage freeze deal

Samsung Biologics signs supply deal with AstraZeneca

Tesla to increase battery cell purchases from suppliers including LG

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now