DSME

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

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

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

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

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

By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —

Houston-headquartered offshore drilling contractor Atwood Oceanics announced Tuesday it has reached an agreement with South Korean shipbuilder Daewoo

Maersk Drilling on Friday named one of the world’s largest jack-up rig, Maersk Invincible, at the DSME shipyard in Okpo, South Korea. The rig is the last

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs,

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, was told to improve its

South Korea’s Daewoo Shipbuilding & Marine Engineer is set to get $120 million from Matson’s order for two new LNG-powered container and

By Kyunghee Park and Shinhye Kang (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, posted a

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. said South Korean prosecutors indicted a former chief financial officer

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards, battered by the deepest industry slump in at least two decades, are getting a

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards plan to raise a combined 8.41 trillion won ($7.3 billion) selling assets as part of

By Kyunghee Park (Bloomberg) — South Korea’s prosecutors raided the offices of Daewoo Shipbuilding & Marine Engineering Co. as the world’s

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipbuilder, posted a first-quarter loss

By Heejin Kim and Kyunghee Park (Bloomberg) — South Korea said it will take more active steps to help the nation’s shipping and shipbuilding industries

South Korea’s Daewoo Shipbuilding & Marine Engineering will cut 12,000 jobs from its workforce by 2019 as it tries to revive its business following a