Released under the GIC Framework
On August 16th in Seoul, DSME signed a $230 million order to build two container ships for Singapore-based Neptune Orient Lines (NOL). DSME is scheduled to deliver these vessels by the fourth quarter of 2012.
Last month, DSME won a $1.2 trillion order to build ten 8,200 TEU container ships from the same company. DSME expects additional orders from NOL, which plans to reorganize its fleet focused on container ships.