Daewoo Buys Stake in Angolan Shipyard

Friday, October 22, 2010

According to a report from Bloomberg Daewoo Shipbuilding & Marine Engineering Co. agreed to buy a 30% stake in an Angolan shipyard, its first investment in an African shipbuilder, as oil drilling off the continent’s coast spurs demand for rigs. The Korean shipbuilder and Porto Amboim Estaleiros Navais Limitada’s existing owners, Sonangol Holdings and SBM Offshore NV, plan to invest around $100m in the Angolan yard by 2012 to add more piers and a 2,000-ton crane, the report cited Daewoo as saying.

(Source: Bloomberg)

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

MN 100: Horizon Shipbuilding, Inc.

13980 Shell Belt Road Bayou La Batre, AL 36509 E-mail: trshort@horizonshipbuilding.com Website: www.horizonshipbuilding.com President and General Manager: Travis R.

MN 100: Kvichak Marine Industries, Inc.

469 NW Bowdoin Place Seattle, WA 98107 Telephone: 206 545 8485 E-mail: sales@kvichak.com Website: www.kvichak.com CEO/President: Keith Whittemore Number of

MN 100: Guido Perla & Associates, Inc.

701 5th Avenue Seattle, WA 98104 Tel: (206) 768-1515  Email: Inga.Scholz@gpai.com Website: www.gpai.com President & CEO: Guido Perla The Company: With offices in the US,

 
 
Maritime Contracts Maritime Security Maritime Standards Pipelines Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0900 sec (11 req/sec)