Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has signed a 486 billion-won (US$442 million) deal to build four container carriers.
Under the deal with a European company, the vessels will be delivered by September 2023, Daewoo Shipbuilding said in a regulatory filing.
The shipbuilder set its order target for this year at $7.7 billion, after achieving 78 percent of $7.21 billion in its annual order target last year.