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...

  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...

  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...

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...

(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...

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....

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...

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...

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...

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...

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...

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....

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...

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...

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....

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...

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...

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),...

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...

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...