KSA Donates $50,000 to World Maritime University

Yesterday in Malmö, Sweden, the Korean Shipowners’ Association (KSA) made a donation of $50,000 to the World Maritime University.

The donation was handed over by KSA chairman, Mr. Youn-jae Lee, at a ceremony attended by Ms. Cleopatra Doumibia-Henry (president designate of WMU) and Mr. Neil Bellefontaine (current president). Both expressed their gratitude as well as their desire to maintain strong relations with KSA.

WMU moved into Malmö city earlier this month and KSA’s donation will be used to furbish the university’s cafeteria which has now been named “KSA Hall”

KSA maintains strong relationships with WMU as more than 80 Korean shipping professionals have graduated from the university. The alumni includes Mr. Ki-tack Lim, president of the Busan Port Authority and a current candidate for the role of IMO secretary general, as well as Young-moo Kim who is the current secretary general of the Federation of Korean Maritime Industries.

KSA is committed to assisting with the development of the international maritime industry and to promoting Korea’s shipping industry globally. In particular, the association is focusing on enhancing the maritime sector in developing nations.