South Korea's Daewoo Shipbuilding & Marine Engineering, the world's No. 2 shipbuilder, has won a $300 million order from a unit of German utility firm RWE.

The order is for two vessels designed to set up offshore wind power facility, Daewoo said in a statement on Thursday.

As orders from the downturn-hit shipping industry dry up, special purpose vessels such as dredgers, research ships and others provide a small active market for top shipyards in South Korea. (Reporting by Rhee So-eui; Editing by Anshuman Daga)