Shipbuilder to deal with Rilin Group

09:13, January 10, 2011      

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Daewoo Shipbuilding and Marine Engineering, the world's second largest shipbuilder, said Sunday that it signed a cooperation agreement with China's Rilin Group on the vessel repair and wind power sector.

Daewoo said in a statement that it agreed to tie up with the Chinese ports developer, based in the northeast Chinese border city Dandong, to diversify its China business.

Source: Global Times
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