STX Offshore & Shipbuilding wins US$550 mln orders for 6 ships

SEOUL, June 1 (Yonhap) -- STX Offshore & Shipbuilding Co., a South Korean shipbuilder, said Wednesday that it has won orders valued at a combined US$550 million to build six ships.
Under the deal with SCF Sovcomflot of Russia, STX Offshore will build two liquefied natural gas (LNG) carriers for $400 million, which will be delivered in the second half of 2013 and the first half of 2014, the company said.
The Russian firm has an option to place an additional order for two LNG carriers, which will boost the value of the contract to $800 million, STX Offshore said.
Under another deal with Norden Shipping of Denmark, STX will build four vessels for $150 million, which will be delivered from 2013, STX Offshore said.
The deal includes an option to build two vessels that carry petrochemical goods, according to STX Offshore.
Shares of STX Offshore were trading at 30,800 won on the Seoul bourse as of 1:35 p.m., up 8.83 percent.
sam@yna.co.kr