Seadrill in 50:50 JV with Angola’s Sonangol

FEBRUARY 6, 2019 — Seadrill Limited said today that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.. The

Hartree and Hunter to form pool of scrubber-equipped VLCCs

OCTOBER 24, 2018 — With the IMO global sulfur cap looming, Hartree Maritime Partners LLC and Hunter Group ASA plan to form a new pool of eleven scrubber-fitted VLCCs and will work

DSME delivers 180,000 cu.m LNG carrier featuring two new technologies

AUGUST 2, 2018 — Mitsui O.S.K. Lines, Ltd (MOL) reports that Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has delivered the 180,000 cu.m LNG carrier, LNG Schneeweisschen, jointly ordered by MOL

DSME Smart Ship Solution gets LR cyber security AiP

JULY 24, 2018 — Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has received approval in principle (AiP) from Lloyd’s Register for the DSME Smart Ship Solution (DS4), receiving the Cyber SECURE

DSME CEO set to stay for another three years

APRIL 19, 2018 — Korea’s Yonhap news agency reports that an independent committee overseeing Daewoo Shipbuilding & Marine Engineering Co (DSME). has recommended that the shipbuilder’s current CEO, Jung Sung-leep, lead the

DSME opts for 3D model based NAPA Steel software

FEBRUARY 6, 2018 — Helsinki, Finland, headquartered software specialist NAPA reports that South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has selected 3D model-based NAPA Steel software to streamline its design processes.

DSME LNG carriers to have GTT containment systems

MAY 18, 2017 — GTT has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip two LNG carriers with its NO96 GW containment system. DSME’s Geoje, South Korea, shipyard

Hopes grow for DSME rescue package

that major bondholders of Daewoo Shipbuilding & Marine Engineering Co. today agreed to the debt rescheduling measures proposed by the state-run Korea Development Bank (KDB). The National Pension Service (NPS), which owns

Hopes grow for DSME rescue package

APRIL 17, 2015 — South Korea’s Yonhap news agency says that major bondholders of Daewoo Shipbuilding & Marine Engineering Co. today agreed to the debt rescheduling measures proposed by the state-run Korea

Hyundai Merchant and DSME sign LOI for VLCC series

APRIL 10, 2017 — A KRW 2.6 trillion ($2.28 billion) Korean government program to revive the domestic shipbuilding industry has resulted in Hyundai Merchant Marine (HMM) signing a letter of intent (LOI)

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