Naming ceremony in South Korea

Naming ceremony in South Korea


On Tuesday, February 23rd 1999, a naming ceremony was held at Daewoo Okpo Shipyard for our latest "state of the art" two 170.000 dwt bulk carrier units. Sponsor Ladies were Margarita LOUIS-DREYFUS (Robert's wife) and Anne LOUIS-DREYFUS (Philippe's wife) who very gracefully named the vessels ERIC LD  and PHILIPPE LD, respectively.

These units are the first two (out of a total of nine) which have been ordered or purchased at the very time when LDA's new management was put in place under Philippe LOUIS-DREYFUS' chairmanship. Each vessel will fly the French flag and be manned by French officers. Profitable employment had been secured some time ago for each vessel which will be operated within the Cetragpa Pool.

In addition to Robert LOUIS-DREYFUS and young Eric, LDA's guests at the ceremony included the French Ambassador to Korea and Mrs REAU, Mr GRESSIER, Director at the French Ministry of Transport, various top executive from the French banks that organised the financing for these units and a selected number of Cetragpa's Charterers Friends.

On Wednesday 24th , the French Ambassador hosted a lunch at his residence which was attended, in addition to some of the above mentioned guests, by the President of Daewoo shipyard, a Member of the Korean Parliament, and various high ranking Korean Shipping executives.

On the same evening, the first ever LDA / Cetragpa Cocktail party in Seoul was hosted by Philippe LOUIS-DREYFUS. It was attended by over 100 representatives from the Korean shipping community , all major shipping companies, shipyards, shipbrokers etc. and our French guests. They were also joined by the French Commercial Attaché in Seoul and our friend Sean MARTIN who was kind enough to join us from Singapour. A warm introduction speech by the French AMBASSADOR Mr REAU gave a short and very supportive summary of LDA's involvement with Korea dating back to 1980 and ranging from shipbuilding and repairing, to close and regular commercial links with the main importers of coal and iron ore via contracts of affreightment or medium to long term time charter arrangements.