The Competition and Consumer Commission of Singapore (CCCS) expressed concerns over the proposed merger between two South Korean shipbuilding giants, DSME and KSOE, part of Hyundai Heavy, noting that this could remove competition between two main suppliers of LNG carriers to the detriment of customers in Singapore.
The South Korean Daewoo Shipbuilding & Marine Engineering (DSME) launched its first LNG carrier, equipped with a developed air lubrication system (ALS), which was given to Greek shipowner Maran Gas Maritime.
As Yonhap reports, Hyundai Heavy Industries Group issued an application to the European Union, waiting for approval for its proposed takeover of local Daewoo Shipbuilding and Marine Engineering Co. The company informed that the submission will be reviewed by anti-trust authorities at the European Commission, expecting the results of their call in 2020.
MSC confirmed the order of five 23,000 TEU ULCVs from the South Korean Daewoo yard, a step that will take the Geneva-based carrier’s orderbook to 16 vessels, for a massive 305,352 TEU. This new order is reportedly in line with MSC’s order for 11 ships made in 2017.
The Daewoo Shipbuilding & Marine Engineering branch of the Korean Metal Workers’ Union are to conduct a demonstration in Brussels, October 1, against the union of Daewoo and Hyundai Heavy Industries group; Following, the Korean Metal Workers’ Union are to proceed to a similar action in Japan.
Daewoo Shipbuilding & Marine Engineering (DSME) informed that it received design approval from Bureau Veritas (BV) for its LNG cargo containment system. DSME has already obtained approvals from Lloyd’s Register, the US Bureau of Shipping, the Korea Register of Shipping, and DNV GL.
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) has secured an Approval in Principle (AIP) by ABS for the design of what it is claimed as the world’s largest Ethane/Ethylene Carrier.
UK-based heavy lift company ALE completed the launch of the KASEL 3 submarine for the Indonesian government, the first ever submarine to be locally-assembled and launched in South East Asia. DSME and the Indonesian Ministry of Defence signed a contract for a further three submarines.
Daewoo Shipbuilding & Marine Engineering (DSME) launched its Smart Ship Solution, which received approval in principle from Lloyd’s Register. The application is a fleet monitoring smart ECDIS and surveillance system.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), ship engines provider HSD Engine (HSD) and German MAN Energy Solutions signed a strategic agreement to cooperate in the field of marine engine systems digitization.
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