Korea Offshore & Shipbuilding Association (KOSHIPA) has appointed Lee Sung Geun, CEO of Daewoo Shipbuilding & Marine Engineering (DSME), as the chairman of the association until April 2021.
Lee joined Daewoo Shipbuilding in 1979 and has served various positions in the shipbuilding group. He was appointed CEO of DSME last month to replace Sung-Leep Jung, who has retired.
“In order to survive in the fierce competition and sustain the growth of the nation’s economy, we must take advantage of technologies such as eco-friendly and smart vessels to further improve productivity,” Lee said.
“I will make efforts to promote symbiosis and synergies among Korean shipbuilders and create a more mature Korean shipbuilding industry,” he added.
DSME is currently in the middle of being taken over by another major Korean shipbuilder Hyundai Heavy Industries (HHI).