ABB Wins Contract of Over $300 Million with Daewoo Shipbuilding
November 02 2020 - 4:51AM
Dow Jones News
By Kim Richters
ABB Ltd. on Monday said that it has received a contract of more
than $300 million to provide icebreaking propulsion units to Daewoo
Shipbuilding & Marine Engineering Co. Ltd.
The Swiss engineering company said it will supply the Azipod
propulsion units to the South Korean ship builder for six newbuild
vessels used to transport liquefied natural gas and operate in
ice.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
November 02, 2020 04:36 ET (09:36 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
Historical Stock Chart
From Aug 2024 to Sep 2024
ABB (NYSE:ABB)
Historical Stock Chart
From Sep 2023 to Sep 2024