South Korean Daewoo Shipbuilding & Marine Engineering (DSME), announced their first export order for submarines for Indonesia. The order is for three modified Type 209 diesel electric submarines: two boats will be built in South Korea and the third one at the Indonesian shipyard of PT PAL in Surabaya. The total value of the contract is approximately US $1.1 billion and construction is due to commence this month with planned commissioning dates of 2018. The Indonesian DSME209 Class submarine is a conventional attack class submarine and is larger than the Korean Navy’s original Chang Bogo Type 209/1200 Class. It has an LOA of 200 ft (61 m) with a 20.7 ft (6.3 m) hull diameter and a surface displacement of 1,400 tons. The propulsion system comprises four MTU 12V396 SE84 gensets each rated at 700 kW at 1800 rpm driving a single screw. [More]

Maersk Line has ordered 10 of the record breaking 18,000 TEU container ships from Daewoo Shipbuilding & Marine Engineering Co., Ltd. Korea for delivery 2013 to 2015. This new, giant container vessel class will be known as Triple-E, based on the three main purposes for their creation: Economy of scale, Energy efficiency, Environmentally improved. The dimensions of the new Class is LOA 400m, beam 59 m and height 73 m. The Triple-E Class is designed to reduce CO2 emissions and features Waste Heat Recovery equipment that will produce 50 percent less than the industry average on the Asia-Europe trade lane. Compared to the present largest container ships of around 13,000TEU, the Triple-E Class will offer a fuel saving of approximately 35 per cent per container. [More]