Samsung to build green shipyard
thursday 4 Feb 2010
Samsung Heavy Industries, Korea, held a ceremony to launch its green management programme on January 28. As part of the project, Samsung announced that it launch a green shipyard. Worth US $434 million and to be ready by 2015, this specialised shipyard will develop environmentally-friendly vessels.

 “The green growth paradigm is emerging due to global warming and companies are required to take action and responsibility for the cause,” Samsung President Noh In-sik was quoted as saying by Asiasis.

“Keeping pace with the demands of the new era, we will promote growth based on green management in a bid to become a socially responsible company.”
A green management committee with a representative director will also be chosen to head the new shipyard. The shipyard will aim to develop new technologies to enhance energy efficiency while decreasing green house gas emissions by 30 percent.
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