Suppliers

South Korean DSME hit by fewer orders in first quarter

Large shipyard group DSME comes out of the first quarter with a deficit, as fewer orders have been placed than expected in recent years. But the South Korean shipyard expects improvement going forward in the general upturn across shipping markets.
Photo: Daewoo Shipbuilding & Marine Engineering/Yonhap
Photo: Daewoo Shipbuilding & Marine Engineering/Yonhap
by DANIEL LOGAN

Daewoo Shipbuilding & Marine Engineering (DSME) saw its bottom line dip into the red in the first months of the year, despite the fact that container and dry bulk carriers have rushed to shipyards to place orders for new ships.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs