Independent journal on economy and transport policy
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South Korean DSME would be about to sell Rumanian ship yard DMHI to the Damen Dutch
the plant is inaugurated in 1997, has constructed 127 ships and it has repaired some more than 300
July 6, 2017
The South Korean navalmeccanico group Daewoo Shipbuilding & Marine Engineering Co. (DSME) would be about to yield the Rumanian ship yard Daewoo-Mangalia Heavy Industries Ltd. (DMHI) to the navalmeccanico group Dutch Damen. The South Korean daily paper "Korea Economic Daily" has announced explaining that the negotiations for the sale would have reached the final phase.
DSME has the property of 51% of the DMHI capital, while remaining 49% are stopped by the government of Rumania. The Rumanian ship yard, that it is situated on the Black Sea, to 45 kilometers to south of Constanta, is inaugurated in 1997 and up to now has constructed 127 ships, mainly oil tankers and portacontainer, and has carried out moreover participations of repair on beyond 300 ships.
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