Daewoo Shipbuilding & Engineering said on Monday that it aimed to seal a $1.1 billion agreement with the Indonesian government by November to build three submarines.
The South Korean shipbuilder said in a statement that this would mark the first exports of submarines from the country.
“We have launched talks to sign a submarine contract with Indonesia’s defense ministry and marine,” Daewoo said in a statement.
About Daewoo
In the world’s shipbuilding market including European and American markets that sustain the world’s largest economy, the vessels built by DSME are appreciated as “ships of the finest quality” in the world. Major oil producers in the world, who have ordered large-scale projects from DSME, have expressed their unequivocal satisfaction with DSME’s technological superiority, on-time delivery and the dedication of its people who spare no effort in satisfying customer requirements, as evidenced by the number of follow-up orders.
DSME, established in 1973 at Okpo Bay, Geoje Island, on the southeastern tip of the Korean Peninsula, has developed into the world’s premium specialized shipbuilding and offshore contractor that builds various vessels, offshore platforms, drilling rigs , floating oil production units, submarines, and destroyers. All vessels and offshore products produced by DSME are of unparalleled quality backed by its cutting-edge IT and systemized shipbuilding technologies based on advanced IT systems, sophisticated offshore platform construction, experience building as well as managing large plant projects, and the state-of-the-art technological prowess to build submarines and destroyers.
By Hyunjoo Jin (Reuters)
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