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Hanwha Ocean

Coordinates: 34°52′29″N 128°42′15″E / 34.874665°N 128.704147°E / 34.874665; 128.704147
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This is an old revision of this page, as edited by Dgrant (talk | contribs) at 17:22, 9 October 2013 (Daewoo is now defunct). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

34°52′29″N 128°42′15″E / 34.874665°N 128.704147°E / 34.874665; 128.704147

Daewoo Shipbuilding & Marine Engineering
Company typePublic
KRX: 042660
IndustryHeavy equipment
Founded1978
Headquarters,
South Korea
Number of locations
Okpo, Houston
Key people
Ko Jae Ho,
President, CEO, and Director
ProductsFPSO, Semi-submersible, Drillship, Passenger, LNG/LPG, VLGC/VLCC, LNG-RV(regasification vessels), offshore structures. etc, and Naval ships
RevenueIncrease US$ 11.4 billion (2010)
Increase US$ 529.3 million (2010)
Number of employees
25,000
Websitewww.dsme.co.kr
Hanwha Ocean
Hangul
대우조선해양
Hanja
大宇造船海洋
Revised RomanizationDae-u Joseon Haeyang
McCune–ReischauerTaeu Chosŏn Haeyang

Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) (Korean: 대우조선해양) is the second largest shipbuilder[1] in the world and one of the "Big Three" shipbuilders of South Korea.

On 21 February 2011, the A. P. Moller-Maersk Group (Maersk) ordered 10 large container ships from DSME, each with a capacity of 18,000 containers, surpassing the current record holder; the Mærsk E-class at 15,200 containers.[2] The first is to be delivered in 2014. There is an option of 20 more.[3][4] The new class is called the Triple E class.

On 22 February 2012, a £452 million order was place with DSME for four 37,000 tonne doubled hulled 'MARS' fast fleet tankers by Britain's Ministry of Defence for the Royal Fleet Auxiliary. The ships will enter service in 2016.[5]

The largest single defense contract

On December 20, 2011 Daewoo Shipbuilding Marine Engineering got the largest single defense contract by a Korean firm with value of $1.07 billion to build 3 Indonesian submarines.[6] It also would mark the first exports of submarines from the country.[7]

References

  1. ^ [1]
  2. ^ Emma Mærsk
  3. ^ Maersk orders up to 30 of biggest container ships on trade BusinessWeek, 21 February 2011. Accessed: 21 February 2011.
  4. ^ E-class successor website
  5. ^ "South Korea wins Royal Navy tanker deal worth £452m". BBC News. 22 February 2012.
  6. ^ "RI orders 3 submarines worth $1b in regional 'catch-up'". December 22, 2011.
  7. ^ "DSME to Build Three Submarines for Indonesia". October 10, 2011.