General
HHI’s labor union has negative views on taking over DSME
Amid Daewoo Shipbuilding & Marine Engineering (DSME)’s labor union strongly shows discontent over Hyundai Heavy Industries’ keen interest in taking part in DSME’s sales, Hyundai Heavy Industries (HHI)’s labor union is also against the Daewoo ...
2008-09-08 08:26:30
STX Europe
Europe’s biggest shipbuilder, Aker Yards of Norway, will be renamed STX Europe due to its takeover by South Korea’s STX Shipbuilding. South Korea’s STX now controls 92.4 percent of the shares in Aker Yards ASA. STX said that an extraordinary...
2008-09-05 10:27:14
Sungdong Shipbuilding and Marine Engineering Co. explosion i...
It is pointed out that South Korea’s Sungdong shipbuilding and Marine Engineering Co. (SSME)’s explostion as of August 29th, located in Anjeong National Industrial Complex in Tongyeong City, Gyeongnam, is a typical developing country’s industri...
2008-09-03 11:43:44
POSCO has the upper hand in DSME takeover
President of Daehan Shipping said, “POSCO has the upper hand in taking over Daewoo Shipbuilding & Marine Engineering (DSME) rather than Hanhwa and GS Group.” Lee Jin-bang, president of Daehan shipping made a statement in a press conference led...
2008-09-03 11:29:39
Shipbuilding & Aviation Industrial Complex to be constructed...
Shipbuilding and aviation industrial complex will be constructed in Sangri myeon, Gosung gun, South Gyeongsang province, South Korea. Gosung county on September 1 signed a contract with a private enterprise, SungGwang co., Ltd. to invest KRW 120.4...
2008-09-02 13:30:57
DACOS to operate fully since 2010
The construction of the shipyard of Dalian COSCO Shipbuilding Industry (DACOS) has begun. DACOS is a joint venture shipbuilding enterprise between China Ocean Shipping (Group) Company (COSCO) and Nantong COSCO KHI Shipping Engineering (NACKS). The...
2008-09-02 09:38:15
DSME Bid Consortium eyes on Shipping company
Amid Daewoo Shipbuilding & Marine Engineering (DSME)’s bidding race is in full swing, much of attention was drawn to setting up a consortium. Especially, consortium is reported to have included another industrial unit besides financial instituti...
2008-09-02 09:32:36
DSME’s labor union, established standards submitted to KDB
Daewoo Shipbuilding & Marine Engineering (DSME) said that they submitted a established standard qualification in selecting a preferred bidder to Korea Development Bank(KDB). As the final due date of receiving the DSME’s intent of letters came to...
2008-09-01 11:47:38
DSME preliminary bid due by Sept. 9th
The preliminary bid for acquiring a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) is scheduled to be completed by September 9th. According to industry source, the manager of DSME sales bid, Korea Development Bank is going to...
2008-09-01 10:39:41
Busan harbor in desperate need of large-scale repair yards
The demand for ship repair is rapidly increasing around the world. But Busan harbor, South Korean number one ship-repair harbor, has no yard which is capable of repairing large-scale ships. So, it is losing clients in need of repairing large ships. ...
2008-08-29 16:29:38
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