|
|
Article: S. Korea set to help struggling shipbuilders.
- Article from:
- YON - Yonhap News Agency of Korea
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SEOUL, Nov. 9 (Yonhap) -- State-run financial institutions will increase their support to shipyards and shipping lines struggling to cope with the fallout from the worldwide economic slump, the government said Monday. The Ministry of Knowledge Economy said the global economic crisis has caused new orders won by local shipyards to fall 90 percent on-year from January through September, making it necessary to take active measures to prop up the sector. South Korean companies like Hyundai Heavy Industries Co., Samsung Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. won 47 new orders in the first nine months of this year compared to 655 vessels won for ...
Related newspaper, magazine, and journal articles:
|
|
Article: Arroyo witnesses signing of Subic shipyard land lease with ...
Xinhua News Agency;
February 28, 2006 ;
459 words
... ... Subic shipyard land lease with South Korean group MANILA, Feb. 28 ... land lease agreement between South Korean Hanjin Heavy Industries and Construction Co., Ltd ... Metropolitan Authority for the South Korean company to construct and operate ...
|
|