Greece’s Maran Gas Maritime has ordered a new LNG carrier at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), making this its fifth LNG carrier newbuild order at the shipyard.

Hyundai Heavy Industries (HHI) signed a definitive agreement last Friday to acquire Daewoo Shipbuilding & Marine Engineering (DSME), supported by DSME’s main creditor Korea Development Bank (KDB).

LNG carrier newbuilding prices are expected to rise on the back of the merger of Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME), according to GasLog ceo Paul Wogan.

Labour unions are planning to stage a strike to potentially block the process of Hyundai Heavy Industries (HHI) acquiring and merging with its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), reports said.

South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.

Oman Shipping Company (OSC) is eying an ambitious fleet expansion plan after it ordered two eco-friendly newbuild VLCC at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).

Daewoo Shipbuilding & Marine Engineering (DSME) has clinched an order from Norway’s Hunter Group to build up to three VLCCs for about $273m.

Damen Shipyards Group has completed its takeover of Mangalia Shipyard in Romania, previously run by Daewoo Shipbuilding Marine & Engineering (DSME).

Songa Offshore has won its longstanding dispute with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) over alleged cost overruns for two rigs.

Dutch shipyard owner Damen is taking a step into the big league buy over Daewoo Shipbuilding & Marine Engineering’s (DSME) majority stake in Romanian yard Daewoo Mangalia Heavy Industries (DMHI).

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