Hyundai Heavy Industries Holdings (HHIH) has filed an appeal in the European Union General Court against the EU’s objection to its proposed takeover of compatriot yard Daewoo Shipbuilding & Marine Engineering (DSME).
The world’s largest shipbuilder said it filed the appeal on 23 March.
In January this year, the EU said that the proposed acquisition would result in the merged entity dominating the construction of LNG carriers.