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Daewoo Shipbuilding bags US$470 mln frigate deal from Thailand

2013/08/08 14:59

SEOUL, Aug. 8 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co., a South Korean shipbuilder, said Thursday that it has clinched a US$470 million deal to build a frigate for the Royal Thai Navy.

Under the deal with the Thai government, Daewoo Shipbuilding will deliver the vessel by August 2018, it said.