Daewoo in talks with Louis ?

cruiseDaewoo Shipbuilding & Marine Engineering Co., South Korea's third-largest shipyard, is poised to win its first cruise ship order.

According to local source, the shipbuilder is "in talks with a Greek firm over the deal, estimated at $600 million."

The other source said the negotiations are in fact with Louis Cruises, a unit of Cyprus's Louis Group.

The news of the potential DSME cruise ship contract, follows November's announcement that Samsung Heavy Industries had signed a letter of intent for a $1.1 billion residential cruise ship for Utopia Residences of Beverley Hills.

Source: Asiasis

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