STX Offshore & Shipbuilding says 110 bln won order canceled

SEOUL, Oct 10 (Reuters) - STX Offshore & Shipbuilding

said Wednesday a 110 billion Korean won ($99.02 million) order from an unnamed South Korean firm to build two tankers had been cancelled.

The South Korean shipbuilder said in a regulatory filing that the order was cancelled as the firm that made the order had gone out of business and could not honour its contract.

(Reporting by Joyce Lee; Editing by Ron Popeski)

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Keywords: STX ORDER/