South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has continued to perform well this year even in the midst of the global shipbuilding industry downturn. The shipbuilder already achieved its 2013 order target set at the end of last year.
DSME announced Tuesday that it won $540 million in orders for six 10,000-TEU container carriers from the European shipper Zodiac. The deal has pushed up the amount of orders received by the shipbuilder to $13.04 billion this year, which is above this year’s guidance of $13 billion.
The shipbuilder is scheduled to build all the six container ships at Okpo Shipyard in Geojae and deliver them by mid-2016. After the delivery, the ships will be chartered to Hyundai Merchant Marine under long-term charter contract. In separation with the latest deal for six containers, DSME agreed to build additional container ships worth $400 million. The container ship, with the capacity of transporting 10,000 containers, is Post-Panamax class and runs through the Panama Canal. It boasts the highest fuel efficiency with the optimized ship model.
The shipbuilder has been awarded over $10 billion in annual orders for four years in a row since 2010.
An official at DSME said, “our sales capacity in diverse areas ranging from merchant ship, offshore plant and warship are propellers of the company’s obtaining orders,” adding “through customer-tailored strategy and active sales efforts next year, we’ll again achieve annual order target.”
[Maeil Business Newspaper & mk.co.kr]