south korea

By Kyunghee Park (Bloomberg) — South Korean shipbuilder STX Offshore & Shipbuilding Co. filed for court protection, the latest trouble to surface in

By Jiyeun Lee (Bloomberg) — The South Korean government’s push to restructure debt-laden companies is set to cost tens of thousands of workers their

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipbuilder, posted a first-quarter loss

By Jack Kim and Jonathan Saul SEOUL/LONDON, May 2 (Reuters) – South Korea has revived a project to build a backup ship navigation system that would be

By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder, said an order to build three floating liquefied

By Heejin Kim and Kyunghee Park (Bloomberg) — South Korea said it will take more active steps to help the nation’s shipping and shipbuilding industries

By Jack Kim and Ju-min Park SEOUL, March 8 (Reuters) – South Korea said on Tuesday it would impose new sanctions against 40 individuals and 30 entities

By Kyunghee Park and Jonathan Burgos (Bloomberg) — For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With oil prices

Today’s Ship Photo Of The Day shows the Korean Amphibious Ship (LST) Sungoonbang unloading a Republic of Korea Type 88 K1 Main Battle Tank during a 2004

South Korean shipbuilder STX Offshore & Shipbuilding is taking drastic measures to ensure its survival beyond mid-2016 as newbuild orders plunge and

By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s biggest shipping company, dropped to its lowest level on record after Korea Ratings

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipyard, rose the most in two months in

  By David Fickling (Bloomberg View) — Things had been looking more hopeful for Korea’s three largest shipbuilders, until today. After seven

  By Hooyeon Kim SEOUL, Sept 6 (Reuters) – At least 10 people died and about eight were missing after a South Korean fishing boat capsized, a coast

  Two shipyard workers were killed and seven others injured following a fire onboard a vessel under construction at Daewoo Shipbuilding and Marine

  A team of divers began preliminary inspections of the sunken Sewol ferry in South Korea on Wednesday, marking the first on-site operations in the effort

  By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating

  By Rose Kim, Jungah Lee and Michael S. Arnold (Bloomberg) — The deep-ocean strategy is coming back to bite South Korean shipyards. Hyundai Heavy

  By Michael S. Arnold (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, rose by the most in