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Article: BRIEFING - ASIA SHIPPING - NOV 9, 2009.

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AsiaPulse News
Article date:
November 9, 2009
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An executive briefing on shipping for Nov 9, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

POSCO NOT INTERESTED IN DAEWOO SHIPBUILDING: CEO

SEOUL - POSCO (KSE:005490), South Korea's leading steelmaker, is not interested in buying Daewoo Shipbuilding & Marine Engineering Co., its chief said Monday.

In January this year, state-run Korea Development Bank terminated the sale of a 50.4 per cent stake in the world's third-largest shipyard to Hanwha Group, rejecting the group's demand to revise the terms of sale.

S. KOREA SET TO ...

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