Daewoo Shipbuilding shuts down as 70 workers get COVID-19

  South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has stopped production at its facilities…

Daewoo Shipbuilding workers get new wage deal

  Unionized workers at Daewoo Shipbuilding & Marine Engineering Co. have approved a wage deal, the…

Workers of Daewoo Shipbuilding agree on strike to protest takeover by Hyundai

Workers of Daewoo Shipbuilding & Marine Engineering (DSME) on Tuesday agreed to proceed on strike in…

Hyundai eyes stake in Daewoo Shipbuilding

World’s biggest shipbuilder, Hyundai Heavy Industries Group is interested in buying a stake in fellow Korean…

Hyundai Heavy, Daewoo Shipbuilding bag orders for 2 oil tankers each

Hyundai Heavy Industries (HHI) and its compatriot, Daewoo Shipbuilding & Marine Engineering (DSME) have each bagged…

South Korea slams $9.6m fine on Daewoo Shipbuilding 

South Korea’s Fair Trade Commission (FTC) has slammed a KRW10.8 billion (US$9.6m) fine on Daewoo Shipbuilding…

Daewoo Shipbuilding workers stage protest, demand higher pay 

Workers of South Korean shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME) have embarked on a protest…

Daewoo Shipbuilding books profit first time in six years 

For the first time since 2011, South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has…

Daewoo Shipbuilding to sell affiliate Samwoo Heavy Industry

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) is seeking to sell its subsidiary Samwoo Heavy…

Daewoo Shipbuilding unlocks $2.6bn bailout

South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders…

Daewoo Shipbuilding bondholders accept bailout plan following pension fund agreement

South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd on Monday won near unanimous approval for…

Daewoo Shipbuilding CEO to step down if shipbuilder can’t turn profit

Daewoo Shipbuilding & Marine Engineering Co Ltd’s CEO Jung Sung-leep said he believes he should step…