Wednesday, December 30, 2020
Ports

Iraq Signs $2.6B Port Deal With Daewoo

by Maher Nazeh (Reuters) – Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction ($047040.KS) on Wednesday to build the first phase at its planned...

December 30, 2020
Total Views: 1388

Tuesday, August 18, 2015
DSME shipyard
Maritime News

DSME Execs Offer to Resign After Record Loss

  BY Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said 13 executives and advisers have offered to resign as the world’s second-largest shipbuilder restructures after posting its...

August 18, 2015
Total Views: 2

Tuesday, July 14, 2015
News

DSME Shares Plunge on Media Report Saying $1.75 Billion in Losses Not Booked

  SEOUL, July 15 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd shares fell 12 percent on Wednesday after a newspaper reported the company had losses of...

July 14, 2015
Total Views: 3

Tuesday, January 22, 2013
golar lng carrier tanker
News

Fredricksen is “Printing Money” With Golar LNG as Day Rates Begin to Fall

Jan. 22 (Bloomberg) — Rates to ship liquefied natural gas are dropping for the first time in four years amid a diminishing scarcity of the carriers transporting the fuel, a...

January 22, 2013
Total Views: 9

Monday, August 20, 2012
DSME daewoo shipbuilding south korea shipyard
News

Offshore Sector Continues to Sustain Shipyards as DSME Wins $1.96 Billion Platform Order

(Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. won a 2.22 trillion won ($1.96 billion) order to build five fixed platforms as rising demand for energy products helps South Korean...

August 20, 2012
Total Views: 1

Sunday, December 25, 2011
DSME Okpo Korea Daewoo shipbuilding
Engineering News

DSME Exceeds 2011 Shipbuilding Target by $3.8 Billion, Expects Lower Figures in 2012

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said on Monday it expects around $11 billion in new orders next year while earmarking about KRW500 billion ($437 million) for capital expenditure....

December 25, 2011
Total Views: 1

Friday, December 9, 2011
VLCC shipyard DSME block sections shipbuilding
Engineering News

Daewoo Shipbuilding Cancels $514M Order, Keeps Deposit for 2 VLCCs and 2 Bulk Carriers

SEOUL—Daewoo Shipbuilding & Marine Engineering Co. said Friday it has canceled an order worth 589 billion won ($514 million) from a European client because the customer was unable to make its first...

December 9, 2011
Total Views: 19

Monday, November 7, 2011
A Bard 5.0 nacelle wind turbine bard holding
Engineering News

Daewoo Shipbuilding Looks to Diversify, Considers Wind Turbine Expansion

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Monday it is considering acquiring German wind-turbine maker Bard Holding GmbH as it seeks a new growth engine amid sluggish demand in...

November 7, 2011
Total Views: 2

Wednesday, October 26, 2011
Discoverer Enterprise dual activity drillship
Engineering News

Daewoo Shipbuilding Blazes Past $12 Billion in Sales for 2011

One of the world’s most prolific shipbuilders, Daewoo Shipbuilding and Marine Engineering (DSME), located in Okpo, Korea, hit their sales target for this year by winning new orders. DSME won...

October 26, 2011
Total Views: 7

Monday, October 17, 2011
Engineering News

Daewoo Shipbuilding Exceeds Yearly Order Target by $1B

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) has exceeded its annual order target of $11 billion by 9%, helped by two separate contracts totaling $1.95 billion, it said Monday. The...

October 17, 2011
Total Views: 3

Monday, October 10, 2011
Engineering News

DSME Eyeing $1.1 Billion Submarine Deal

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Monday it is talking with the Indonesian government about the possible sale of KRW1.2 trillion ($1.1 billion) worth of submarines...

October 10, 2011
Total Views: 15

Monday, August 29, 2011
DSME
Shipyard

Daewoo Shipbuilding CEO: $1.2B order for Indonesian submarines likely

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) expects Indonesia to name the company as the preferred bidder for the country’s submarine building contract in September, Daewoo Shipbuilding’s chief executive said Monday....

August 29, 2011
Total Views: 0

Friday, August 19, 2011
DSME Daewoo shipbuilding stock chart
Engineering News

Daewoo Shipbuilding drops almost 14%, Korean market takes heavy losses

Image courtesy Reuters HONG KONG (MarketWatch)–The South Korean market led the way for hefty stock losses in Asia Friday, as risk appetite evaporated on a fresh wave of concerns about...

August 19, 2011
Total Views: 1

Wednesday, August 10, 2011
hyundai merchant marine
Engineering News

Hyundai Merchant Marine to buy 5 container ships worth $643M

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s No. 2 shipping company by revenue, said Wednesday it will invest KRW695 billion ($643 million) to buy five container carriers to strengthen its...

August 10, 2011
Total Views: 0

Friday, July 29, 2011
Engineering News

More LNG ship orders for Daewoo

Greek shipowner, George Economou, has placed an order for four LNG carriers worth $848 million from Daewoo Shipbuilding & Marine Engineering Co., South Korea’s No. 2 shipbuilder, Yonhap News reports....

July 29, 2011
Total Views: 2

Thursday, July 28, 2011
DSME daewoo shipbuilding marine engineering
Engineering News

Daewoo Shipbuilding 2Q Net Down 3.6% On FX Losses, Operating Profit Surges

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE), the world’s No. 3 shipbuilder by sales, said Thursday its second-quarter net profit fell 3.6% due to foreign-currency losses as a result of...

July 28, 2011
Total Views: 1

Thursday, July 21, 2011
hyundai steel
Engineering News

Hyundai Steel Expects Shipbuilding Plate Supply Deals With Japan In 2H

SEOUL (Dow Jones)–Hyundai Steel Co. (004020.SE), South Korea’s second-largest steelmaker by sales, said Thursday that it expects to win orders in the second half of the year to supply thick...

July 21, 2011
Total Views: 14

Tuesday, June 21, 2011
Uncategorized

Maersk “likely” to exersize option on ten Triple-E mega ships

MOSCOW (Dow Jones)–Danish shipping giant A.P. Moller-Maersk A/S (MAERSK-B.KO) is likely to exercise an option to order ten large container ships from Daewoo Shipbuilding & Marine Engineering Co. Ltd. (042660.SE),...

June 21, 2011
Total Views: 5

Thursday, June 16, 2011
Neptune Orient Lines, NOL, shipping
News

Neptune Orient Lines: Signed Letter Of Intent For 12 New Ships For US$1.54B

SINGAPORE (Dow Jones)–Neptune Orient Lines Ltd. (N03.SG) said Wednesday it has signed letters of intent for the construction of 12 new container vessels and upgraded the orders for another 10...

June 16, 2011
Total Views: 1

Wednesday, May 11, 2011
Engineering News

Vantage Places Order For Ultra-Deepwater Drillship

Vantage Drilling has announced that it has entered into an agreement with Daewoo Shipbuilding and Marine Engineering Co., Ltd to construct an ultra-deepwater drillship.  Vantage said it plans to name...

May 11, 2011
Total Views: 16