Daehan boss nominated for STX Shipbuilding post

Seoul: In the current Korean shipyard executive merry-go round orchestrated by creditor banks Lee Byung-Mo has been put forward by the Korea Development Bank to become the next CEO of STX Offshore & Shipbuilding. Lee is the current CEO of Daehan Shipbuilding.

KDB, which is the lead creditor to many troubled Korean yards, last week put forward the current STX CEO, Jung Sung-Leep as the next boss of Daewoo Shipbuilding & Marine Engineering (DSME).

Lee, whose shipbuilding career started with DSME in the 1980s, has been CEO of Daehan since 2011.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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