South Korea’s newest diesel-electric attack sub is expected to be delivered to the Republic of Korea Navy by 2020. A South Korean shipbuilder handed over to the Navy a retrofitted Chang Bogo I ...
South Korea’s state banks have unveiled an ambitious KRW2.9trn ($2.6bn) bailout package for Daewoo Shipbuilding & Marine Engineering; which is struggling to overcome huge losses from offshore projects ...
The decision by Kvaerner ASA and Daewoo to sell off their shipbuilding assets is ironic, indeed, considering that the two companies were central figures in the above-mentioned controversy of ...
The prosecution questioned Ko Jae-ho, former CEO of Daewoo Shipbuilding & Marine Engineering (DSME), Monday, over alleged accounting fraud worth 5.4 trillion won ($4.69 billion). Ko, 61 ...
facility at the Quayside of Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in Okpo, South Korea. The topside module lifting marks another major construction milestone for the facility ...
If Daewoo Shipbuilding and Marine Engineering gets its way, employees will be carrying out their duties while decked out in strength-enhancing robotic exoskeletons, according to New Scientist.
Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has obtained an order to build a liquefied natural gas (LNG) carrier from a Japanese shipper. It did not disclose the value of the order.
Following last week’s launch, the attack submarine will undergo extensive sea trials off the South Korean coast.