South Korea To Resume Shipbuilding Talks With EU

Friday, March 17, 2000
South Korea's Commerce Ministry plans to resume talks in Brussels this week with the European Union to settle ongoing conflicts in the shipbuilding industry, ministry officials said.

"We will send higher-level officials to Brussels for talks to discuss pending matters concerning the shipbuilding industry," a ministry official said. A delegation led by South Korean Deputy Commerce Minister Lee Hee-beom was scheduled to meet with EU counterpart, Deputy Director General Peter Carl, on March 14, the official said.

Both parties would discuss various issues, including the EU's accusation that the South Korean government subsidizes the Korean shipbuilding industry and the transparency of Korean shipbuilders' bookkeeping, the official said. "The two sides would seek to reach a joint agreement so that there will be no more unnecessary conflicts," he said.

An EU executive and national governments have accused South Korea of using financial aid given by the International Monetary Fund to unfairly subsidize its shipbuilding industry. Seoul has rejected the accusations.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

ClassNK Approves Fillet Welding Consumable

Classification society ClassNK announced that it has granted type approval for the new MX-200F welding consumable, developed by Kobe Steel Co., Ltd. (KOBELCO) to

Damen Lays Keel for Indonesian Naval Frigate

In accordance with the agreed planning in the contract for the construction of a Damen SIGMA Frigate for the Indonesian Navy, the keel laying ceremony has taken place on April 16,

Offshore Service Vessels Design Innovation

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market.

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0851 sec (12 req/sec)