Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

DSME spends 163bn won boosting production

DSME spends 163bn won boosting production

Seoul: Daewoo Shipbuilding & Marine Engineering Co., the world's third-largest shipyard, said Tuesday it plans to spend 163.2bn won ($164m) to expand its facility for the production of vessel parts.
The investment will be made by March 2010 at its shipyard in Okpo, about 420 kilometers south of Seoul.
The shipbuilder also said it plans to spend 44.5bn won to buy a 50 percent stake in DK Maritime SA, a shipping company to be set up in Panama along with Korea Line Corp, a South Korean shipping company.  [29/4/08]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.