Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Next wave of Korean yard restructuring in the offing

Next wave of Korean yard restructuring in the offing

Seoul: A second round of construction and shipbuilding firms in Korea facing restructuring will lay out their workout plans by the end of the month, bringing forward the timeline, according to financial authorities. Korea is increasingly worried by both the lack of new orders this year and the disappearance of bank finance to back up all the ship orders throughout the world's largest shipbuilding nation.  [25/05/09]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

SMN_Podcast_Leaderboard.jpg