NASSCO and DSEC sign agreement for newbuildings

General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, and Daewoo Ship Engineering Company (DSEC), a wholly owned subsidiary of Daewoo Shipbuilding and Marine Engineering (DSME) based in Busan, Korea, announced a formal teaming agreement to build ships for the U.S. market under the Jones Act. The Jones Act, among its many provisions, requires […]