Korea Shipbuilding & Offshore Engineering (KSOE) has raked in orders for 10 newbuildings from five separate shipping companies.
In a regulatory filing, the Hyundai Heavy Industries Holdings unit that controls shipyards within the group, put the total value of the contracts at KRW 1.1trn, or $1bn at the time of the disclosure before the Korean won weakened.
KSOE did not disclose the identity of the companies behind the contracts.
