Hoh-Nam Lee

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.

Jinbang Steel Co., Ltd. is a private company based in Pohang, South Korea.

K Shipbuilding Co., Ltd. engages in manufacturing ships and marine vessels such as chemical tankers, container ships, bulk carriers and ferries. The company's main business activity is building liquefied natural gas (LNG) and liquefied petroleum gas (LPG) ships, product carriers, bulk carriers, container ships, car carriers, and special ships. It is also involved in engineering, procurement and installation services for offshore facilities. The company was founded on April 10, 1967 and is headquartered in Changwon, South Korea.