Global Insider: South Korea Naval Shipbuilding

Daewoo Shipbuilding & Marine Engineering, a South Korean shipbuilder, recently submitted a $3.5-billion bid for a Brazilian warship contract. In an e-mail interview, Mingi Hyun, research fellow at the Korea Institute for Maritime Strategy (KIMS), discussed South Korea's naval shipbuilding sector. The opinions expressed here do not necessarily reflect those of KIMS.
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Source: WPR

Posted on 1/07/2011 / 1 comments / Read More

Troubled shipbuilding group to be audited

The State Audit of Vietnam (SAV) plans to conduct audits at 151 state-owned agencies in 2011, focusing on financial and banking sector.
SAV will check the financial reports of 27 state-owned groups, including the Vietnam Shipbuilding Industry Group (Vinashin), Electricity of Vietnam Group (EVN) and the Vietnam Airlines Corporation, Bao Viet Group, Vietnam Coal and Minerals Group (Vinacomin) and the Vietnam Urban and Housing Development Group (HUD).
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Source: Vietnam.net

Posted on 1/07/2011 / 0 comments / Read More