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.


Shipbuilding

NASSCO Christens LNG-ready Tanker Constitution

On Saturday, August 27, shipbuilders at General Dynamics NASSCO celebrated the christening and launch of the Constitution, the sixth ship in a series of eight eco-friendly

California: A Strong Shipbuilding State

Fifth in the nation for direct employment, California shipbuilding and repair industry supports nearly 35,000 jobs; Maritime Administrator highlights economic importance

Intermarine's Industrial Skipper Completes Maiden Voyage

Intermarine, LLC announced the July delivery of the M/V Industrial Skipper from Shandong Huanghai shipyard in Rongcheng, China. The ship transported modules to Corpus Christi,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Ship Simulators Winch
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: 0.0744 sec (13 req/sec)