STX to enter India

STX Group will actively enter into the shipping and shipbuilding market in India. Kang Deuk Soo, chairman of STX Group, had a meeting with Thalikottai Rajuthevar Baalu, minister of Maritime Transport Ministry in India, on 5 October and discussed cooperative measure for the development of shipbuilding industry of India. STX Shipbuilding said that it will seek strategic cooperation with shipbuilders in India on ship design, production and management know-how.