DSME terminates containership order


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 fulfil the contract terms in order to move forward with the contract.



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