Daewoo subsidiary grabs landmark 9,000 teu ship orders

A Romanian subsidiary of Korea’s Daewoo Shipbuilding & Marine Engineering is now building the largest containerships in Europe. Daewoo-Mangalia Heavy Industries

will build four 9,000 teu boxships for the Israeli Ofer Global Holdings group, in a contract worth EUR 400m, with the additional option of a further four ships.
The ships are due to be handed over by the end of 2013.
Started in 1997, Daewoo-Mangalia Heavy Industries is a joint venture between shipbuilding company Daewoo Shipbuilding & Marine Engineering in Korea and 2 Mai Mangalia Shipyard in Romania.