Post Profile

Korea to Inject $2.64 bln into DSME

South Korea's state-run banks are expected to raise more than 3 trillion won (US$2.64 billion) to prevent Daewoo Shipbuilding and Marine Engineering (DSME) from being delisted, reports Korea Herald. Both are reportedly planning to draw up detailed plans within the month.
read more


Related Posts

Korea's Daewoo Wins Offshore Drill Platform Order

Vehicles / Watercraft :

Daewoo Shipbuilding & Marine Engineering (DSME) wins US$1.94-billion order. Daewoo Shipbuilding & Marine Engineering says it has won a 2.2 trillion won ($1.

Daewoo Shipbuilding: $1.4 bln order Cancelled

Vehicles / Watercraft :

Cancelled order part of Statoil's Bressay project. South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Friday said a 1.58 trillion won ($1.41 billion)

DSME Shares Plunge on Media Report Saying $1.75 Billion in Losses Not Booked

Vehicles / Watercraft : gCaptain

  SEOUL, July 15 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd shares fell 12 percent on Wednesday after a newspaper reported the company had losses of about 2 trillion won ($1.75 billion) that had not be...

Daewoo Shipbuilding May Post Loss of Over US$4.6 Bln

Vehicles / Watercraft :

 Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts,

Korea's Top 3 Shipbuilders' Shaky Performance

Vehicles / Watercraft :

The value of contracts signed by Korea's big-three shipbuilders— Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering, and Samsung Heavy Industries — fell far behind the amount they projected for this year, reports T...


Copyright © 2016 Regator, LLC