Korean Register Elects a New Chairman & CEO

Press Release
Wednesday, March 27, 2013

Today (27 March), in Seoul, at an extraordinary meeting of the general assembly, the Korean Register of Shipping (KR) elected Dr Chon Young-kee as its new Chairman & CEO. 

 

The general assembly oversees the running of KR and comprises 86 voting members.


Prior to election, Dr Chon served as executive vice president of KR’s technical division and this is the first time in KR’s 53 year history that an internal appointment to Chairman and CEO has been made. Dr Chon formerly takes over from outgoing Chairman and CEO, Dr Oh Kong-gyun, who has served two three-year terms.


Dr Chon graduated from Seoul National University with a bachelor's degree in naval architecture and later gained both master and doctorate degrees from Stevenson University in the United States. Since joining KR in 1981, Dr Chon has held various positions including KR country manager in the UK, head of international affairs and head of KR’s R&D Center. He has served as executive vice president in charge of KR's technical division since 2007.


The new KR chairman has extensive field survey experience and is well versed in international maritime affairs having served as a representative of KR in the IACS general policy group (IACS GPG) and the IACS working group responsible for the development of common structural rules. He has also been deeply involved in various technical activities at IMO.


On being elected Dr Chon said:  “Like all class societies, KR is facing many challenges stemming from the prolonged downturn affecting all shipping markets as well as increased competition amongst the classification societies. It will be tough to head a classification society under these conditions and I am sure I will face immense pressure to ensure economic sustainability while maintaining the high levels of quality that KR has become known for. I will ensure that KR continues to excel in its provision of high quality, global classification services and I will also push ahead with our ambitious plans to diversify into related growth sectors. I shall ensure that we continue to work closely with our stakeholders to promote the growth of KR and our industry partners.


I am delighted and honored to be elected and I look forward to leading the Korean Register into the next phase of its ongoing growth and development". 

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

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Naval Architecture

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Two Marine Engineers Join Specialists EBDG

Naval architecture, marine engineering & production support service providers Elliott Bay Design Group LLC (EBDG) apprise that they have appointed marine engineers

TEPNG Integrates AVEVA Engineering & Design

AVEVA announced that TOTAL E&P Nigeria Ltd. (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG

News

Saudi SABIC Q1 Profit Falls 1.8 % On Product Prices

Profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower

Korean Ferry Captain's Detention Could Extend As Death Toll Mounts

South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10

First Bodies Recoved From Sunken Ferry

South Korean divers retrieved three bodies from inside a sunken ferry overnight, officials said on Sunday, the first time they have been able to gain entry to the passenger section of the ship.

Government Update

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Obama Offers US Aid to S.Korea Following Ferry Accident

U.S. President Barack Obama on Thursday expressed condolences to the families of the victims of the South Korean ferry sinking and said the U.S. military will provide

Classification Societies

DNV's accredatation for Neosho Memorial

Neosho Memorial Regional Medical Center, Chanute, has completed a new accreditation process from Det Norske Veritas Healthcare. By earning accreditation, Neosho

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

Intesa Sanpaolo, Vei Capital Invest in RINA

Intesa Sanpaolo, through the Merchant Banking Management of its Corporate and Investment Banking Division, and VEI Capital, investment company of Palladio Finanziaria

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.1359 sec (7 req/sec)