Daewoo Shipbuilding & Marine Engineering Obtains Highest Export-Import Safety Management Grade AAA
[Asia Economy Reporter Park So-yeon] Daewoo Shipbuilding & Marine Engineering announced on the 24th that it has obtained the highest AAA rating in the Authorized Economic Operator (AEO) certification review conducted by the Korea Customs Service.
Daewoo Shipbuilding & Marine Engineering received an AA rating last year and succeeded in obtaining the highest AAA certification grade in the 2020 re-certification review. Notably, among the 844 domestic companies currently certified with AEO by the Korea Customs Service, only 16 companies, including Daewoo Shipbuilding & Marine Engineering, have received the AAA rating.
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The AEO system is a standard adopted by the international community following the increased importance of trade security after the 9/11 terrorist attacks in the United States. Among companies involved in trade, those that meet financial soundness and safety management standards and achieve an evaluation score of 80 or higher on internal control systems are finally assessed for legal compliance, based on which customs authorities assign ratings.
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