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02 December 2008 The on-line newspaper devoted to the world of transports 02:43 GMT+1



May 18, 2007
(posted May 16)

Daewoo looks to start shipbuilding in North

Plan comes amid talk of two Koreas helping China develop port

PYONGYANG: Daewoo Shipbuilding & Marine Engineering (DSME), the world’s second-largest shipbuilder, said on May 15 that it wants to produce ship blocks in North Korea if all conditions are met.

"If all conditions are met and everyone involved can benefit, we have no reason not to initiate such a business, even given that it would be in North Korea," said DSME’s CEO Nam Sang-tae at a symposium for inter-Korean economic cooperation promotion held in Pyongyang, North Korea. Nam added that DSME currently runs an operation to produce ship blocks in China ......
Read more on The Hankyoreh





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