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DSME bags drillship, nears annual sales target

DSME bags drillship, nears annual sales target

Seoul: Daewoo Shipbuilding & Marine Engineering has received a $1.1bn order for a drillship and semi-submersible rig.?The offshore structures, which can drill as deep as 40,000 feet (12,000 meters) below sea level, will be delivered by August 31, 2013 to a customer in the Americas, the Seoul-based shipyard said yesterday in an e-mailed statement. It didn't name the buyer.?The contract brings the company's total orders this year to about $9.9 billion, close to its $10 billion annual target, according to the statement.  [10/12/10]

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