Viking embarks on South Korean joint venture

South Korea's biggest port, Busan, will now be the home of a joint venture between Viking and local partner Daemyung Marine Co. Ltd. Viking will own a majority stake in the enterprise while also getting closer to the Asian customers in its portfolio.
Photo: PR VIking
Photo: PR VIking

Viking and Daemyung Marine are forming a new joint venture under the name VIKING Life-Saving Equipment Korea LLC, which will be operated from South Korea's biggest port, Busan. Using completely new facilities in the port, Viking's life-saving gear will be sent to carriers and operators in Korean ports while also being in reach of a big part of the Asian market, informs Viking in a press release.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading