MunmuBaram Signs MoUs with LS Cable & System, GS Entec and 5 Port & Logistics Companies at Sweden-Korea Supply Chain Day

MoUs with Port & Logistics company(Dongwon Loex, KCTC, Saewha Shipping, Esprit Logistics, Daewoo Logistics)

(September 23, 2026) MunmuBaram Co., Ltd. announced that it participated in the Sweden-Korea Supply Chain Day event held on September 22, where it entered into a series of Memoranda of Understanding (MOUs) related to the MunmuBaram floating offshore wind project. The event was attended by the Mayor of Ulsan and the Ambassador of Sweden to Korea.

Under the agreements, MunmuBaram entered into MOUs with LS Cable & System, a leading domestic submarine cable company, and GS Entec, a specialist in offshore wind substructures. The company also signed separate MOUs with five port and logistics companies with extensive experience in port operations and logistics, establishing a broad cooperative foundation across the project's supply chain.

This multi-party agreement is significant in that it brought together key domestic manufacturers and port/logistics partners to build a practical framework for cooperation. The parties agreed to work closely together across the full scope of the project—from the procurement of key materials such as submarine cables and substructures to port handling and logistics transport.

Youngkyu Ju, President of MunmuBaram, said, "Through this multi-party agreement, we have been able to strengthen the supply chain competitiveness of the MunmuBaram project, built on trust with excellent partners at home and abroad. We will continue to build sustainable supply chain cooperation going forward."

MoU with LS Cable and System

MoU with GS Entec