DSME, Peru Sign MoU for Construction of Naval Vessels

Daewoo Shipbuilding & Marine Engineering Co inked a memorandum of understanding with Peru for construction of naval vessels for the country’s navy. The MoU includes construction of the new vessels and maintenance and upgrades of Navy’s submarines.

Daewoo Shipbuilding Chief Executive Ko Jae-ho said that the initial pact gives DSME exclusive rights to build submarines and multi-role support ships if the company clinches a final deal with the Peruvian government.

Early this year DSME received a KRW800 billion ($704 million) contract to build MARS, tankers for the British Navy.

Daewoo Shipbuilding & Marine Engineering, established in 1973 and restructured as an independent company in October 2000 at Okpo Bay, Geoje Island, on the southeastern tip of the Korean Peninsula, has developed into the world’s premium specialized shipbuilding and offshore contractor that builds various vessels, offshore platforms, drilling rigs, floating oil production units, submarines, and destroyers. The company employs approximately 1,500 design and R&D personnel with prolific experience, and more than 15,000 skilled workers.

DSME has both shipbuilding and offshore engineering businesses in its shipyards. The company’s 900-ton goliath cranes and dry docks that are capable of building hulls of up to 12 m in width provide optimal conditions to build floating offshore plant products such as FPSOs and FPUs. Utilizing extensive plant, submarine, and battle ship building technology, the upper and lower portions of a floating plant facility are made in the streamlined production lines and then loaded by a large crane to complete the facility. On top of this, underwater exploration technology and relevant marine analysis technology provide the solid technological foundation.

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Naval Today Staff , April 10, 2012;