daewoo shipbuilding & marine engineering news

Hamburg Süd Christens Largest-ever Containership

Mar 17, 2008

At the Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) yard in Okpo, Korea, Hamburg Süd christened the largest-ever container ship in the company's history.

SKorean Shares Close Higher

Feb 28, 2008

According to reports, South Korean shares finished higher on Thursday, with late buying of shipbuilding and technology counters helping the key index close in positive territory.

SKorean Shipbuilders Lower on Steel Price Concerns

Feb 20, 2008

Shares of shipbuilders and automakers were lower in late morning trading as investors react belatedly to the possible increase in steel prices, reports indicated Hyundai

Daewoo Wins $766m Tanker Deal

Feb 13, 2008

Daewoo Shipbuilding & Marine Engineering Co., said that it has won a deal worth $766m to build five oil tankers. The deal from Oman Shipping Co. calls on Daewoo

Daewoo Wins 5 Tanker Order

Feb 12, 2008

Daewoo Shipbuilding & Marine Engineering Co. reportedly won $770morder from Oman to build five VLCCs, according to an AP report, to be completed for Oman Shipping by April 2012.

Aker Kvaerner $130m Contract from Daewoo Shipbuilding

Feb 01, 2008

Norwegian oil services group Aker Kvaerner said it has been awarded a drilling equipment contract from Daewoo Shipbuilding & Marine Engineering Co in Korea for an ultradeep drillship.

Hyundai Heavy Leads Shipyard Decline on Prices

Jan 29, 2008

Hyundai Heavy Industries Co., led a decline in South Korean shipyard stocks in Seoul trading on concern prices for new vessels may drop. Hyundai Heavy fell 5.

Report: HHI Leads Drop in Shipbuilding Stocks

Jan 17, 2008

According to reports, Hyundai Heavy Industries Co., led declines among shipyard stocks on concern of fewer orders for vessels this year after bulk rates fell the most since June 1989.

Aker Kvaerner Wins Contracts from Daewoo

Jan 17, 2008

Norwegian engineering, construction and technology group Aker Kvaerner ASA has secured two drilling riser systems contracts from Daewoo Shipbuilding & Marine Engineering.

Financial IUpdate on Asia and China

Jan 09, 2008

According to Bloomberg.com, Asian stocks rose for the first time in four days, led by financial shares, after China Merchants Bank Co. doubled its profit and Citic Securities Co.

Daewoo Shipbuilding Wins 606-bln Deal

Jan 03, 2008

According to Asia Pulse Data Source, Daewoo Shipbuilding & Marine Engineering Co., has won a deal valued at 606 billion won (US$647 million) to build a drill ship.

Korean Shipbuilders Expect Sales to top $30b in '08

Dec 19, 2007

Korean shipbuilders are expected to post record overseas sales in 2008 on the back of continued high demand for ships, industry sources said Tuesday. According to the sources,

Hamburg Süd Training Ship Christened

Nov 27, 2007

The Monte Tamaro, the first of a second series of ten vessels of Hamburg Süd's successful 5,552 TEU Monte- class vessels, was christened at the Daewoo Shipbuilding & Marine Engineering Co.

Aker Kvaerner Awarded Drilling Equipment Contracts

Nov 09, 2007

Aker Kvaerner has been awarded two drilling equipment contracts by Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) in Korea; one for a single drillship, the other one for a semi rig.

Qatargas Gains Two New LNG Vessels

Nov 05, 2007

Two new LNG vessels that will join the Qatargas fleet have been handed over to the owners’ consortium by Daewoo Shipbuilding & Marine Engineering Ltd (DSME) at

STX Shipbuilding Gains on Stake Purchase in Aker Yards

Oct 25, 2007

STX Shipbuilding Co., the first South Korean yard in China, had its biggest two-day gain in more than a week in Seoul on optimism the purchase of a stake in Norway's

Daewoo Shipbuilding Wins Freighter Order, Close to Topping $17B Target

Oct 24, 2007

Daewoo Shipbuilding & Marine Engineering said that its Romanian joint venture Daewoo Mangalia Heavy Industries Shipyard won an order for nine 5,550 TEU freighters (capable of carrying 5,

Daewoo Profitable

Oct 16, 2007

Daewoo Shipbuilding & Marine Engineering Co. has reportedly returned to a profit last month from a year earlier, according to a report on www.tradingmarkets.com.

South Korean Shipbuilders Question Joint Shipbuilding Complex

Oct 08, 2007

South Korean shipbuilders and analysts questioned the economic viability of the proposed plan to build a joint shipbuilding complex in the wake of the inter-Korean summit.

'Big 3' Shipbuilders Likely to Win $20B in Orders

Sep 24, 2007

The world’s top three shipbuilders - Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) - are each expected

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