DSME Stock Up on Sale Talk

Monday, March 24, 2008

Reuters is reporting that shares in Daewoo Shipbuilding and Marine Engineering Co rose more than 3.5 percent after a local newspaper reported the shipbuilder could be sold this year.  According to Reuters, Maeil Business Newspaper reported that Korea Development Bank (KDB) is likely to speed up the sale of Hyundai Engineering & Construction Co. and Daewoo Shipbuilding ahead of the KDB's transformation into a holding company.

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Norwegian Car Carriers to Buy Two from Hyundai Samho

Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs).

Boatbuilding in China

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HMS Prince of Wales Bridge Sets Sail

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