You are here

Daewoo Shipbuilding pays big price for delay in rig delivery


THE frigid waters close to the Arctic Circle may hold answers to why shares of Daewoo Shipbuilding & Marine Engineering Co have plunged by more than a third since the middle of last week.

That's where four oil rigs the world's second-biggest shipyard is building for Songa

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom