• FEBRUARY 18, 2011, 8:34 A.M. ET

NORDIC ROUNDUP: Maersk Orders 10 Container Carriers - Source

more in Business »

A.P. MOELLER-MAERSK A/S (MAERSK-B.KO), the world's biggest container shipper, has placed a $2 billion order with South Korea's Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) to build 10 container carriers, a person familiar with the matter said Friday.

"The contract value may change a bit and there will be the public announcement on Monday," the person told Dow Jones Newswires by telephone.

At 1323 GMT, A.P. Moeller-Maersk shares in Copenhagen traded down 1% at DKK53,150. Daewoo Shipbuilding & Marine Engineering shares in Seoul closed up 5.7% at KRW34,200.

DUPONT (DD), the U.S. chemicals company, said it has extended its offer ...

Copyright 2011 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit

www.djreprints.com

Most Popular