Thursday, October 29, 2015
DSME shipyard
Maritime News

DSME Gets $3.7 Billion Bailout

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipyard, rose the most in two months in Seoul trading on expectations creditors’ plan to provide...

October 29, 2015
Total Views: 7

Monday, October 26, 2015
Maritime News

Transocean Delays Drillships at DSME

  Drilling contractor Transocean announced Monday that the delivery of two newbuild drillships currently under construction in South Korea will be delayed by 12 months each. The newbuilds impacted are...

October 26, 2015
Total Views: 14

hyundai heavy industries
Maritime News

Korean Shipyards – Afloat, But Taking On Water

  By David Fickling (Bloomberg View) — Things had been looking more hopeful for Korea’s three largest shipbuilders, until today. After seven consecutive quarters of losses, analysts reckoned that earnings...

October 26, 2015
Total Views: 24

Monday, August 24, 2015
DSME shipyard
News

Fire at DSME Kills Two Shipyard Workers, Injures Seven

  Two shipyard workers were killed and seven others injured following a fire onboard a vessel under construction at Daewoo Shipbuilding and Marine Engineering shipyard in Okpo, South Korea. South Korea’s...

August 24, 2015
Total Views: 13

Wednesday, August 19, 2015
Offshore

Vantage Drilling Drillship Cancelled at DSME

  Daewoo Shipbuilding & Marine Engineering Co., the world’s number two shipbuilder, says it has cancelled a 703.4 billion won ($595 million) drillship order from a U.S. customer after the...

August 19, 2015
Total Views: 39

Daewoo Shipbuilding & Marine Engineering Co.
News

DSME Shares Tank on Concern Liabilities Exceed Assets

  By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. fell to the lowest price in more than 13 years in Seoul trading on concern that its liabilities...

August 19, 2015
Total Views: 0

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

Monday, August 10, 2015
Maritime News

DSME Announces Restructuring After Huge Q2 Loss

  SEOUL, Aug 10 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd said on Monday it would sell non-core assets, and shut down or exit non-essential units...

August 10, 2015
Total Views: 5

Wednesday, July 29, 2015
Maritime News

South Korea’s ‘Big Three’ Shipbuilders Post Record Loss as Offshore Downturn Bites

  By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating losses in the second quarter, paying...

July 29, 2015
Total Views: 26

Monday, July 27, 2015
News

South Korean Shipyards Struggling As Offshore Strategy Fails

  By Rose Kim, Jungah Lee and Michael S. Arnold (Bloomberg) — The deep-ocean strategy is coming back to bite South Korean shipyards. Hyundai Heavy Industries Co., Daewoo Shipbuilding &...

July 27, 2015
Total Views: 16

Tuesday, July 21, 2015
Triple-E Class Vessel, Construction In Floating Drydock
News

DSME Rises on Report of Financial Aid

  By Michael S. Arnold (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, rose by the most in nearly two years after its chief executive informed...

July 21, 2015
Total Views: 1

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: 1

Wednesday, June 3, 2015
Ship Design

Maersk Signs $1.8B Deal With DSME

Maersk Line, a unit in shipping and oil group A.P. Moller-Maersk, said on Tuesday it had ordered 11 ultra-large container vessels from South Korea's Daewoo Shipbuilding & Marine Engineering Co (DSME) .

June 3, 2015
Total Views: 87

Monday, May 11, 2015
Interesting

Maersk Line Close to Giant Ultra-Large Containership Order

South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) is in talks with a unit of A.P. Moller-Maersk for a potential order to build ultra-large container ships, a DSME spokesman said on Monday.

May 11, 2015
Total Views: 5

Friday, April 10, 2015
vlgc bw prince
Maritime News

BW LPG Orders New Gas Carriers

BW LPG Limited announced today new shipbuilding contracts have been signed with Daewoo Shipbuilding and Marine Engineering (DSME) for four Very Large Gas Carriers (VLGCs). These newbuild slots had already...

April 10, 2015
Total Views: 14

Friday, January 9, 2015
News

WATCH: New World’s Biggest Boxship Under Construction at DSME

The new world's biggest containership by carrying capacity, the MSC Oscar, was christened at the DSME in South Korea on Thursday.

January 9, 2015
Total Views: 10

Monday, November 24, 2014
Maritime News

Giant Pieter Schelte Sets Sail for Rotterdam

After at least 4 years under construction and decades of planning, the giant Pieter Schelte catamaran has set sail from the shipyard in South Korea for Rotterdam where the final phases of construction will take place.

November 24, 2014
Total Views: 28

Thursday, November 6, 2014
lng fsru dsme
News

Hoegh LNG Orders Fifth FSRU Newbuild from Daewoo

Following the successful installation of the FSRU Independence off Lithuania and the signing of two new long-term contracts offshore Colombia and Egypt on Monday, Höegh LNG has exercised its option...

November 6, 2014
Total Views: 28

Wednesday, November 5, 2014
al kout vlcc kotc kuwait oil tanker company
Maritime News

SPOTD: DSME Delivers Al Kout to Kuwait Oil Tanker Company

The VLCC Al Kout was delivered last week by Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) as part of a series of vessels constructed for the Kuwait Oil Tanker Company...

November 5, 2014
Total Views: 22

Monday, November 3, 2014
DSME
News

More LNG Carriers Ordered from DSME

South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) announced today in an exchange filing it has won a newbuild order for two LNG carriers from an undisclosed client for a...

November 3, 2014
Total Views: 1