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Shipbuilders DSME Not For Sale to Foreign Companies

Seoul will not sell Daewoo Shipbuilding & Marine Engineering (DSME) to a foreign company to avoid any possible leakage of technologies reports 'Korea Times'. The response comes after a Russian consortium led by the state oil company OAO Rosneft recently expressed an interest in acquiring a stake in the world’s third-biggest shipbuilder by sales. The consortium also includes Gazprom, Russia’s state-run gas provider and Sovkomflot, Russia’s state-owned shipping company.