Independent journal on economy and transport policy
16:58 GMT+1
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the new CEO of the DSME considers the acquisition of STX France premature
That of the construction of cruise ships – it has specified - is a field in which the South Korean group it will have to enter in future
June 25, 2015
The managing director of the South Korean navalmeccanico group Daewoo Shipbuilding & Marine Engineering Co. (DSME), Sung-Leep Jung, than from less than a month are to the guide of the company, consider that it is not the moment to acquire the control of shipbuilding society French STX France, specialized in the construction of cruise ships.
With the today's declaration of Jung they seem to be shipwrecked the hopes of the Korea Development Bank to involve the DSME in the plan of reorganization of the STX Offshore & Shipbuilding Co. group that they seemed to be itself realized at the beginning last month with the interest manifested from DSME to acquire 66.66% of STX France stopped from the STX Europe, society that is participated for two third party from the STX Offshore & Shipbuilding group and for a third party from the STX Engines ( on 12 May 2015).
Today, in the first press conference held from the assumption of the assignment of CEO of DSME, Jung has been categorical: also admitting that of the construction of cruise ships is a field in which the South Korean group will have to enter in future, the managing director has specified that "at the moment the issue is still premature". Jung has specified that this year the DSME results could be influenced from factors negatives and that also the union is contrary to the acquisition.
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