Thursday, January 13, 2022
daewoo shipbuilding

Shipbuilding Mega-Merger Blocked: European Commission Prohibits Hyundai Heavy Industries’ Takeover of DSME

The European Commission has rejected the proposed merger between South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai

January 13, 2022
Total Views: 4615

Thursday, December 2, 2021
Eneti offshore wind turbine installation vessel

Eneti Places Order for Second Wind Turbine Installation Vessel at DSME

Eneti exercises option for a second newbuild Wind Turbine Installation Vessel at DSME. Eneti Inc. (NYSE:NETI) has announced today that it entered into a

December 2, 2021
Total Views: 953

Tuesday, September 14, 2021
Vladimir Rusanov tanker

MOL to Charter Four Fuel-Efficient Newbuild LNG Carriers to Novatek

Tokyo-based Mitsui O.S.K. Lines has signed time charter agreements for four newbuild LNG carriers with a unit of Russian natural gas produce Novatek. The

September 14, 2021
Total Views: 776

Thursday, March 25, 2021
Maersk Megaship Shipyard Build

Orders for Mega Containerships Rise Despite Suez Crisis

How big is too big? By Kyunghee Park (Bloomberg) A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping

March 25, 2021
Total Views: 2294

Monday, February 8, 2021
AFIF Hapag-Lloyd

Hapag-Lloyd Secures Green Financing for Six 23,500 TEU Newbuilds

Hapag-Lloyd says it has concluded its first ever green financing deals for six ultra-large containerships currently on order. The two transactions include a

February 8, 2021
Total Views: 1900

Wednesday, December 23, 2020
hapag-lloyd ship

Hapag-Lloyd Orders Six Ultra-Large Containerships at DSME

German liner shipping company Hapag-Lloyd has placed an order for six Ultra Large Container Vessels at South Korea’s Daewoo Shipbuilding & Marine

December 23, 2020
Total Views: 7815

Thursday, April 2, 2020
daewoo shipbuilding
Maritime News

EU Antitrust Regulators Halt Hyundai, Daewoo Deal Probe

BRUSSELS, April 2 (Reuters) – EU antitrust regulators have halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’

April 2, 2020
Total Views: 27

Tuesday, December 17, 2019
daewoo shipbuilding
Maritime News

Hyundai Heavy’s $1.8 Billion Deal with DSME Hits EU Antitrust Hurdle

By Foo Yun Chee BRUSSELS, Dec 17 (Reuters) – World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with

December 17, 2019
Total Views: 36

Thursday, January 31, 2019
hyundai heavy shipyard

South Korea to Combine World’s Two Biggest Shipbuilders in $2 Billion Deal

By Hyunjoo Jin SEOUL, Jan 31 (Reuters) – Hyundai Heavy Industries, the world’s biggest shipbuilding group, has announced a share swap deal worth

January 31, 2019
Total Views: 142

Wednesday, January 30, 2019
daewoo shipbuilding
Maritime News

Hyundai Heavy Seeks Stake in Rival DSME -Official

SEOUL, Jan 30 (Reuters) – South Korea’s Hyundai Heavy Industries Group, the world’s biggest shipbuilder, is interested in buying a stake in

January 30, 2019
Total Views: 13

Wednesday, May 9, 2018
seadrill drillship

John Fredriksen’s Northern Drilling Snaps Up Newbuild Drillships on the Cheap

John Fredriksen-controlled Northern Drilling has entered into agreements to acquire two newbuild ultra-deepwater drillships from South Korea’s Daewoo

May 9, 2018
Total Views: 23

Tuesday, October 31, 2017
daewoo shipbuilding
Maritime News

DSME Warship Blueprints Stolen in North Korea Hack -S.Korea Lawmaker

By Haejin Choi SEOUL, Oct 31 (Reuters) – North Korea probably stole South Korean warship blueprints after hacking into Daewoo Shipbuilding & Marine

October 31, 2017
Total Views: 44

Thursday, September 21, 2017

MSC Confirms Order for Eleven 22,000 TEU Containerships

On the heels of CMA CGM’s order for nine record-breaking 22,000 TEU containerships, Mediterranean Shipping Company has confirmed it has placed its own

September 21, 2017
Total Views: 52

Tuesday, April 18, 2017
daewoo shipbuilding bailout

Daewoo Shipbuilding & Marine Engineering Unlocks $2.6 Billion Bailout

By Joyce Lee SEOUL, April 18 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from

April 18, 2017
Total Views: 5

Monday, April 17, 2017
daewoo shipbuilding
Maritime News

Daewoo Shipbuilding Bondholders Accept Bailout Plan Following Pension Fund Agreement

By Joyce Lee SEOUL, April 17 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval

April 17, 2017
Total Views: 76

Maritime News

DSME Bailout Plan Cleared by Pension Fund

By Jung Park and Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s largest shipbuilder, won a reprieve

April 17, 2017
Total Views: 2

Tuesday, April 11, 2017

Time Running Out for Top Shipbuilder as Lenders Argue

By Abhishek Vishnoi, Kyunghee Park and Jung Park (Bloomberg) — South Korea’s National Pension Service has a decision to make — help the

April 11, 2017
Total Views: 99

Monday, April 3, 2017
DSME Shipyard South Korea
Maritime News

Opinion: Zombie Companies (Like DSME) Threaten to Eat Asia’s Future

By Michael Schuman (Bloomberg View) — Any horror aficionado knows that the only good zombie is a dead zombie. Don’t risk trying to bring one back to

April 3, 2017
Total Views: 5

Friday, March 24, 2017
Maritime News

DSME CEO Says Should Step Down if Shipbuilder Can’t Turn Profit

By Joyce Lee SEOUL, March 24 (Reuters) – Daewoo Shipbuilding & Marine Engineering Co Ltd’s CEO Jung Sung-leep said he believes he should step

March 24, 2017
Total Views: 35

Thursday, March 23, 2017
daewoo shipbuilding

DSME Gets Fresh $2.6 Billion Bailout

By Joyce Lee SEOUL, March 23 (Reuters) – South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding &

March 23, 2017
Total Views: 120