South Korea's Daewoo Shipbuilding and Marine Engineering, the world's second-largest shipbuilder, said on Monday it had recently won foreign orders worth $1.15 billion to build 10 ships.
The latest deals took orders this year to $5.6 billion for 59 ships, beating a target for the entire year of $4.38 billion, the company said in a statement.
It said it now expects total orders this year to reach $7 billion, up from $4.23 billion in 2003.
The company said in a filing to the stock exchange it had won a 497.1 billion won ($434.1 million) order from A. P. Moller of Denmark to build four 8,100 TEU (twenty-foot equivalent unit) container ships.
Separately, the firm said it had secured orders for six more ships, including three separate orders for a liquefied natural gas carrier from Norway's Bergesen, Golar LNG Limited and Russia's Sovcomflot.
In addition, Sweden's Wallenius Lines had ordered three automobile transport vessels, with a signing of the deal due later on Monday, Daewoo said.
Daewoo shares finished up 1.8 percent at 16,700 won, outperforming the broad market's 0.8 percent gain.
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