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    South Korea: DSME Lands USD 500 Million Order for New Vessels

    November 20, 2011
    SeaNews
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    South Korea: DSME Lands USD 500 Million Order for New Vessels

    Daewoo Shipbuilding & Marine Engineering said on Thursday that it had won an order of about $500 million to build two ships for a joint venture of Brazil’s Odebrecht and France’s Technip.

    Daewoo Shipbuilding & Marine Engineering said on Thursday that it had won an order of about $500 million to build two ships for a joint venture of Brazil’s Odebrecht and France’s Technip. The South Korean shipbuilder said in a statement it will manufacture the pipe-laying support vessels by August 2014. DSME, established in 1973 at Okpo Bay, Geoje Island, employs approximately 1,500 design and R&D personnel with prolific experience, and more than 15,000 skilled workers. This superb workforce working as a team is building environmentally safe vessels with a 10-year life span and outfitting that allows easy maintenance and repairs, while fully complying with international standards including IMO.

     

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