Marine Link
Tuesday, January 16, 2018

Leading Korea Shipyard Appoints New Chairman

Maritime Activity Reports, Inc.

November 28, 2013

Lee Jae-sung: Photo credit HHI

Lee Jae-sung: Photo credit HHI

Hyundai Heavy Industries (HHI) has promoted Lee Jae-sung, from CEO to chairman, the position having become vacant when former chairman Min Kye-shik left the shipbuilder in December 2011, reports 'The Korea Times'.

This is part of a management reshuffle designed to defy concerns over corporate profitability amid the continued market downturn.

The Korea Times adds that President Kim Oe-hyun will be in charge of shipbuilding, marine and plant businesses, while Kim Jeong-rae, will move to take charge of the firm’s engine, electronics, green energy and construction equipment businesses, citing a company statement.

Source: 'The Korea Times'

 

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News