Daewoo wins $567 mil. order from Dutch

Daewoo Shipbuilding & Marine Engineering Co., South Korea's third largest shipbuilder, said Monday that it has clinched a 694.2 billion won ($567.2 million) order from a Dutch company to build a vessel to construct offshore plants.

Under the deal with Allseas Group SA, Daewoo Shipbuilding will deliver the vessel by the end of 2013, the shipbuilder said.