by Marek Błuś
The title question has been provoked by the recent hands change behind Daewoo Mangalia Heavy Industries (DMHI), the last stand for Korean shipyard capital on the European soil.
In 2017, the Netherland-based Damen Shipyards Group, together with the Romanian state, became co-owners. Most recently, the DMHI shipbuilding facility was fully covered by the Damen umbrella.
A revolution followed shortly afterwards. The plant's focus was shifted away from large bulk carriers, container vessels, and oil tankers to ro-pax ferries, cruisers, and offshore ships and structures.
This way the transfer of the production of cargo carriers serving the world’s main deep-sea ocean trade lanes to Asia came to its conclusion.