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Tags DSME

Tag: DSME

DSME reaches compromise with striking workers

Daewoo Shipbuilding & Marine Engineering's subcontracted workers and the shipbuilder's management reached a last-minute compromise on 22 July to end a 51-day strike. The workers...

Hyundai Heavy Industries challenges EC’s rejection to acquire DSME

South Korea’s No. 1 shipbuilder Hyundai Heavy Industries (HHI) is questioning the European Commission’s veto of its bid to acquire compatriot rival Daewoo Shipbuilding...

Seoul sets aside US$382m emergency fund for HMM

The South Korean government has set aside KRW470 billion (US$382 million) in emergency funding for mainline operator HMM as the maritime industry faces another...
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Shipping surge or strategic stall? Industry braces for July 9 tariff truce deadline

As the clock ticks down toward July 9, the expiration date of the current US-China tariff truce, the global shipping industry is caught in...

Brazil approves MSC’s Acquisition of Wilson Sons, paving the way for $1.35 billion deal

Brazilian regulators have given the green light to MSC’s planned acquisition of Wilson Sons, clearing the final regulatory hurdle and setting the stage for...

Port of Los Angeles expands investment in zero-emissions trucking through 2028

The Port of Los Angeles has announced a continued commitment to advancing clean transportation, with a three-year plan to accelerate the transition of its...

Saga Shipholding transfers entire fleet to the Bahamas ship registry

The Bahamas Maritime Authority announceδ that Saga Shipholding, in partnership with NYK and under the management of global leader Anglo-Eastern, has committed to transferring...
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