Byung-Ryun Woo

STX Europe AS operates shipyards for building cruise ships and offshore shipping vessels. It develops and manufacturers multi-megawatt direct drive wind turbines for on and offshore applications. The firm also constructs ships for operation in the Arctic and Antarctic areas, and naval vessels. The company was founded in 1841 and is headquartered in Oslo, Norway.

Vard Group AS engages in the production, construction, trade, and maintenance to the shipbuilding industry. The firm designs and builds specialized vessels. Its services include ship design, shipbuilding, ship repair and conversion, accommodation, piping systems and installations, trading, aquaculture, electrical products and services, training, and seminars. The company was founded in 2000 and is headquartered in Ålesund, Norway.

Vard Holdings Ltd. is an investment company, which engages in the provision of design and shipbuilding of offshore and specialized vessels. It operates through the following geographical segments: Norway, Romania, Singapore, Vietnam, Brazil, Canada, USA, Italy, and Other Countries. It also offers ship repair and conversion, accommodation, piping systems and installations, trading, electrical products and services, SeaQ control solutions, and Vard Academy. The company was founded on June 11, 2010 and is headquartered in Singapore.

STX Heavy Industries Co. Ltd. manufactures diesel engines, shipbuilding materials, and deck houses in South Korea. It also engages in pre-treatment of steel materials, the marine and offshore works, and engineering, procurement, and construction of thermal power. The company was founded in February 2004 and is headquartered in Changwon, South Korea.