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Daewoo Shipbuilding & Marine Engineering

The main debt holder of Daewoo Shipbuilding & Marine Engineering (DSME), South Korea’s National Pension Service (NPS), gave its nod to the ailing shipbuilder’s latest debt restructuring plan on April...

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South Korean shipping company Hyundai Merchant Marine (HMM) has signed a letter of intent (LOI) with compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of five 300,000 dwt very...

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South Korea’s financially troubled Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to build three very large crude carriers (VLCCs) for the Greek shipping company Maran Tankers, part of...

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One of the former heads from Daewoo Shipbuilding & Marine Engineering (DSME), Nam Sang-tae, was additionally charged with breach of trust and bribery which caused large losses at the shipyard, Yonhap News Agency...

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The labor union of South Korea’s financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering has agreed to the company’s restructuring plan, removing the final hurdle to the KRW 2.8 trillion (USD...

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Creditors of the financially-troubled Daewoo Shipbuilding & Marine Engineering (DSME) plan to financially support this South Korean shipbuilder with KRW 2.8 trillion (USD 2.4 billion), under proviso that the company’s...

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The former Chief Executive Officer of Daewoo Shipbuilding & Marine Engineering (DSME), Ko Jae-ho, has been formally accused of taking part in an accounting fraud worth KRW 5.4 trillion (USD 4.6...

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