South Korean shipbuilding conglomerate Daewoo Shipbuilding & Marine Engineering (DSME) has reached agreement with the Korea Development Bank to take on the management of Daehan Shipbuilding, the southernmost shipyard on the Korean peninsula.
The bank, Daehan’s primary stakeholder, has entrusted DSME to oversee the management, production, and sales and marketing of the yard for a period of three years.
However, after the management period, DSME has been invited to consider the possibility of acquiring the shipyard which operates one building dock with a yard area of 140 000m2.
DSME considers the facility ripe for redevelopment with an unused 2.08Mm2 area available for accommodating a second or the third dock.
Meanwhile, DSME is contemplating the development of a new US$5.9bn shiprepair yard close to the Richards Bay Coal Terminal in South Africa. DSME, which has recorded new orders worth $5bn so far this year, including confirmation of Maesrk's option for a further ten 18 000TEU, Triple-E class containerships sees huge potential in a shipyard capable of serving the high volume of ships operating along the country's east and west coasts.
The bank, Daehan’s primary stakeholder, has entrusted DSME to oversee the management, production, and sales and marketing of the yard for a period of three years.
However, after the management period, DSME has been invited to consider the possibility of acquiring the shipyard which operates one building dock with a yard area of 140 000m2.
DSME considers the facility ripe for redevelopment with an unused 2.08Mm2 area available for accommodating a second or the third dock.
Meanwhile, DSME is contemplating the development of a new US$5.9bn shiprepair yard close to the Richards Bay Coal Terminal in South Africa. DSME, which has recorded new orders worth $5bn so far this year, including confirmation of Maesrk's option for a further ten 18 000TEU, Triple-E class containerships sees huge potential in a shipyard capable of serving the high volume of ships operating along the country's east and west coasts.