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...

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...

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