October 30, 2019 / 7:08 AM / 21 days ago

Samsung Heavy says $1.4 bln worth drillship orders canceled

SEOUL, Oct 30 (Reuters) - Samsung Heavy Industries on Wednesday said a total of 1.62 trillion won ($1.39 billion) worth of orders to build two drillships were canceled.

The South Korean company said in a stock exchange filing that Switzerland-based Transocean expressed intention to cancel the orders last month. ($1 = 1,168.0600 won) ($1 = 1,167.2600 won) (Reporting by Sangmi Cha and Hyunjoo Jin, editing by Louise Heavens)

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