Seoul-listed DSME put forward the plans just 24 hours after hanging a for sale board above its corporate headquarters and golf course as it looked to sell off all its non-core assets.
The shipbuilder told investors today a review to downsize its Daewoo Mangalia business would be undertaken independently of the asset disposals.
Brokers counts 24 newbuildings under construction at Daewoo Mangalia for a string of big name shipowners.