Damen Takes Over Mangalia Shipyard
To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a ceremony at the yard on Monday, July 23.The celebrations mark Damen’s completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangalia Heavy Industries (DMHI). The yard, which will be renamed Damen Shipyards Mangalia, will be operated as a joint venture with the Romanian Government. Damen will assume operational control.The yard is located on the Black Sea coast…
Damen Opens Joint Venture Yard in Vietnam
On March 20, Vietnamese Minister of Transport Nguyen Hong Truong, carried out the official Vietnamese ribbon-cutting ceremony for the latest addition to Damen Shipyard Group’s portfolio. Damen Song Cam, a brand new yard, is one of the largest in the group and represents Damen’s first formal Joint Venture yard in Vietnam. Damen said Song Cam is considered state-of-the-art, bringing a western shipyard designed to meet European health, safety and environmental standards into a Vietnamese environment. The yard will produce around 40 ships annually in the first phase.