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DSME terminates deal for 6 containerships

DSME terminates deal for 6 containerships

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) revealed a contract termination for six containerships worth $711 million. The contract was won in December last year from an undisclosed owner from Africa. The containerships were scheduled for delivery by the end of October 2022. According to DSME, the reason behind the termination is the fact that the African owner had failed to...

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Africa DSME Daewoo Shipbuilding Hapag-Lloyd Marine Engineering South Korea