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22 August 2018 The on-line newspaper devoted to the world of transports 00:16 GMT+2



February 2, 2018

Political Consideration
Korean Gov't Decides to Revive Mid-sized Shipbuilders Including STX Offshore

Jung Min-hee
BusinessKorea

It has been found that the government finally decided to revive STX Offshore and Shipbuilding and Sungdong Shipbuilding and Marine Engineering. Analysts say that the government said that it will give one more chance to the shipbuilders while taking into account a recovery of the shipbuilding market but, in fact, was concerned about the explosion of people's pent-up anger in the southeastern region (Busan, Ulsan and South Gyeongsang Province) of the country where mid-sized shipbuilders were closed down in the advance of a local election ......
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