Daewoo Shipbuilding & Marine Engineering (DSME) has won an order worth almost $1bn for ten containership newbuildings.
The South Korean yard has remained tight-lipped, however, on the identity of the owner behind the mommoth order for 8,400-TEU vessels.
A well-placed shipbroking source has, however, told TradeWinds that the $975m order is from Singapore's Neptune Orient Lines (NOL).
There are understood to be no optional contracts with the order. Delivery is set to be split between 2012 and 2013.