Daewoo Shipbuilding & Marine Engineering wins 985.7 billion won order for the latest 3,000-ton class submarine

Daewoo Shipbuilding & Marine Engineering choesinye of the Republic of Korea Navy By signing a contract to build a 3,000-ton submarine, it once again proved that it is a famous ship with the best submarine technology in Korea.

Daewoo Shipbuilding & Marine Engineering (CEO Lee Seong-geun) announced on the 10th that it had signed a contract with the Defense Acquisition Program Administration for the construction of the second ship of the 3,000-ton class submarine Jangbogo-III Batch-II project for 985.7 billion won. The submarine will be built at the Okpo Shipyard and delivered to the ROK Navy by the end of 2028.

Daewoo Shipbuilding & Marine Engineering has achieved the feat of winning orders for four out of five orders for 3,000-ton submarines so far, including this contract. Last August, it successfully delivered the Dosan Anchangho, the lead ship for the first project, and the second project lead ship also began construction in earnest, starting with steel cutting.

The Jang Bogo-III project is a project to build a state-of-the-art 3,000-ton class submarine with its own technology, which is the core force of the Navy to effectively cope with various security threats. Steps were further improved. In particular, lithium-ion batteries were applied for the first time, not lead-acid batteries, in order to increase the submergence time, which is a key performance.

Lithium-ion battery is a large-capacity energy storage system that supplies power to the mobility of submarines and major equipment. Compared to conventional lead-acid batteries, the continuous underwater navigation and high-speed operation time are greatly improved, and the lifespan is more than doubled, which is advantageous in terms of convenience such as maintenance. It is evaluated that this will significantly improve the combat capability of submarines.

Since Daewoo Shipbuilding & Marine Engineering (DSME) won the order for the first ship of the Jangbogo-I project, the ‘Jangbogo’ in 1987, it has built the largest number of submarines in Korea with 22 submarines (9 class 209, 3 class 214, 4 3,000-ton class, and export submarines). 6), of which 16 have been delivered successfully, and 6 are under construction. In particular, it is the only domestic company to have a record of winning overseas submarine orders.

Daewoo Shipbuilding & Marine Engineering, Executive Vice President and Head of Special Shipping Division, Yu Jun-jun, said, “In addition to the successful delivery of the second ship of the Jangbogo-III Batch-II project, we have thoroughly prepared for the surface ship building project scheduled to be ordered this year and the basic design project for a Korean light aircraft carrier next year. We will contribute to the protection of maritime sovereignty.”

This year, Daewoo Shipbuilding & Marine Engineering (DSME) has a total of 42 ships, including 16 container ships, 11 extra-large crude oil carriers, nine extra-large LPG carriers, two LNG carriers, one WTIV, one submarine, and two offshore plants, worth about USD 7.2 billion. By winning orders for ships, offshore plants, and submarines from end.

Source: Daewoo Shipbuilding & Marine Engineering

Daewoo Project Petropipe

Daewoo awarded $500m LNG train contract in Mozambique

In the latest development confirming the size and scope of liquid natural gas (LNG) production in Mozambique’s Cabo Delgado province, Daewoo Engineering & Construction has received a $500-million contract to build two trains at the Afungi liquefaction site in Palma.

Although the contract is conditional, Daewoo E&C said it could exceed the initial investment of $500 million.

Once completed, the trains are expected to be capable of transporting 6.4 million tonnes of gas from Mozambique’s LNG fields in the Rovuma basin.

The contract was awarded following the finalisation of a joint venture named CSS, struck between Japanese engineering company, Chiyoda, Panamanian peer firm Mcdermott International, and Italian oilfield services company, Saipem.

LNG exports from Mozambique’s gas fields in the country’s far north-west are expected to come on line in 2024.

The coastal hamlet of Palma, where Total’s liquid natural gas project is situated, is also the site where South African émigré and entrepreneur Andre Hanekom had infrastructural interests serving his fishing company, Palma Marine.

Hanekom died after much cloak-and-dagger wrangling, particularly by Mozambican authorities. He was accused of aiding and abetting vicious rebel attacks that were said to have been launched from southern Tanzania into Mozambique.

However, these accusations of colluding with insurrectionist forces were never proven.

Inside sources believe his demise, leading to his death in a prison hospital, was devised by interests who wanted him dislodged from what has become the most lucrative resource exploration site in modern times. 

Source:- https://ftwonline.co.za/


NLNG awards $10bn Train-7 EPC contract to Saipem, Daewoo, Chiyoda.

The Nigeria Liquefied Natural Gas Company, NLNG, announced that SCD Joint Venture, JV, Consortium, comprising Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea, has emerged the preferred bidder for its Liquefied Natural Gas Train 7 project.

The announcement was made by the Managing Director of the Nigeria LNG, Mr. Tony Attah, at the Letter of Intent Signing Ceremony in Abuja.

He noted that with the presentation of the Letter of Intent to the SCD JV Consortium, the group had been awarded the contract to undertake the Engineering, Procurement and Construction, EPC, for the Train 7 project

He said, “Those in the service industry are not left out with the target to assemble over 70 percent of all non-cryogenic pumps and control valves in-country. Other spin-off opportunities include logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage, and many more. “The target job numbers are very exciting.  At its peak, the project will provide over 40,000 direct jobs and over 100,000 indirect and induced employment of over 100,000 workers. “Beyond the project, there is also huge scope for local businesses to build capabilities in the maintenance of LNG plants especially in the area of cryogenics.

Source: http://bit.ly/2lh0JBv