Daewoo Shipbuilding aims to win $8.9 bln orders this year

▲ This file photo provided by Daewoo Shipbuilding & Marine Engineering shows an LNG carrier. (PHOTO NOT FOR SALE) (Yonhap)

Daewoo Shipbuilding-order target

Daewoo Shipbuilding aims to win $8.9 bln orders this year

SEOUL, March 14 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Monday it aims to win US$8.9 billion worth of orders this year on high-end ship deals.

The annual order target is up 15 percent from last year's target of $7.7 billion, the company said in a regulatory filing.

In 2021, the world's fourth-biggest shipbuilder by order backlog achieved $10.86 billion worth of orders helped by increased demand for valued-added ships, such as liquefied natural gas and container ships.

The company targets 6.62 trillion won in sales this year, up 47 percent from 4.49 trillion won a year earlier.

It has obtained $2.72 billion orders so far this year, already achieving 31 percent of the annual order target.

(END)

(C) Yonhap News Agency. All Rights Reserved