Daewoo demands USD 179 million from Songa Offshore

South Korean shipyard Daewoo is seeking USD 179 million in damages from Songa Offshore, for costs arising out of delayed construction of a drilling rig. Songa rejects the claims.

BY JOHANNES HARTKOPF-MIKKELSEN

Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) has filed a claim for compensation totaling USD 201 million against Norwegian-Cypriot drilling contractor Songa Offshore, according to a statement from Songa.

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Daewoo demands USD 179 million from Songa Offshore

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DSME to cut drastically down on orders

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

Spot prices for container freight continue to rise

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

14 arrested at demonstration in front of Maersk headquarters

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Jobs