Samsung Heavy Industries Completes Sale of Ningbo Production Facility
2023-08-25 11:57

Samsung Heavy Industries Completes Sale of Ningbo Production Facility

by Hristijan Ivanov
Samsung Heavy Industries Completes Sale of Ningbo Production Facility

"South Korean shipbuilder Samsung Heavy Industries has completed the sale of the second of its three production facilities located in China. The company announced in 2021 that it intended to close its operation in Ningbo, China after 25 years following a similar pattern to other South Korean companies that have also been withdrawing from China." See the original story at: The Maritime Executive.

Source: The Maritime Executive