Conglomerate to use yard acquisition to strengthen green shipping and defense projects

South Korean conglomerate Hanwha, which could be overtaking shipyard DSME, plans to use the acquisition to increase its activities within sustainable shipping.
Photo: Daewoo Shipbuilding & Marine Engineering/Yonhap
Photo: Daewoo Shipbuilding & Marine Engineering/Yonhap

If conglomerate Hanwha takes over major South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME), the acquisition will be used to strengthen Hanwha’s activities within the green transformation of shipping as well as in relation to defense projects, according to news agency Yonhap.

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 contain at least 6 characters
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

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

Photo: Handout/Reuters/Ritzau Scanpix

DSME rebrands as Hanwha Ocean

For subscribers