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DSME


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: 1100

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: 7

Tuesday, April 11, 2017
News

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: 118

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: 8

Friday, March 24, 2017
DSME CEO Says Should Step Down if Shipbuilder Can’t Turn Profit
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: 43

Thursday, March 23, 2017
daewoo shipbuilding
News

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: 172

Friday, March 3, 2017
DSME Shipyard South Korea
Maritime News

Where South Korea’s Teetering, Debt-Laden Companies Go to Bank

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

March 3, 2017
Total Views: 23

Tuesday, December 6, 2016
Atwood Drillships Delayed Two Years at DSME
Maritime News

Atwood Drillships Delayed Two Years at DSME

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

December 6, 2016
Total Views: 108

Friday, October 14, 2016
Maersk Drilling Names World’s Biggest Jack-Up, Maersk Invincible
News

Maersk Drilling Names World’s Biggest Jack-Up, Maersk Invincible

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

October 14, 2016
Total Views: 1392

Wednesday, October 12, 2016
DSME Shipyard South Korea
Maritime News

DSME to Cut 24% of Workforce Amid Mounting Losses

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

October 12, 2016
Total Views: 30

Thursday, September 29, 2016
DSME shipyard
Maritime News

Korean Exchange Tells World’s No. 2 Shipbuilder to Improve Financials Or Else

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

September 29, 2016
Total Views: 53

Monday, September 19, 2016
Matson Kanaloa Class
Maritime News

DSME Lands $120 Million Deal Out of Jones Act Ship Order

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

September 19, 2016
Total Views: 82

Tuesday, August 16, 2016
DSME Shipyard South Korea
Maritime News

Ailing Shipbuilder DSME Posts Worse-Than-Expected Loss

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

August 16, 2016
Total Views: 11

Monday, July 18, 2016
DSME Shipyard South Korea
Maritime News

DSME Former Chief Financial Officer Indicted for Inflating Earnings

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

July 18, 2016
Total Views: 7

Thursday, June 9, 2016
hyundai heavy industries shipbuilding
Maritime News

Battered Korean Yards Battle Slump With State-Led Overhaul

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

June 9, 2016
Total Views: 9

Wednesday, June 8, 2016
hyundai heavy shipyard
Maritime News

World’s Top Three Shipyards Submit Plans to Raise $7.3 Billion in Revamp

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

June 8, 2016
Total Views: 11

DSME Shipyard South Korea
Maritime News

South Korean Prosecutors Raid DSME Offices

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

June 8, 2016
Total Views: 6

Thursday, May 12, 2016
As Korean Shipyards Founder, Central Bank Dragged Into Rescue Bid
Maritime News

As Korean Shipyards Founder, Central Bank Dragged Into Rescue Bid

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

May 12, 2016
Total Views: 22

Wednesday, May 4, 2016
DSME Shipyard South Korea
News

DSME Posts Operating Loss on Offshore Costs

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

May 4, 2016
Total Views: 39

Tuesday, April 26, 2016
DSME Shipyard South Korea
Maritime News

South Korea Vows More Steps in Revamp of Ailing Shipbuilders

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

April 26, 2016
Total Views: 5
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