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05 April 2020 The on-line newspaper devoted to the world of transports 15:12 GMT+2



February 7, 2011

S.Korean shipbuilding industry under massive restructuring

by Yoo Seungki
Xinhua

SEOUL, Feb. 7 (Xinhua) -- South Korea's shipbuilding industry has been under massive restructuring since 2006 as global shipbuilders are undergoing one of the biggest structural changes in their history.
Currently in the global shipbuilding sector, the biggest restructuring has fallen on small shipbuilders that focus on small ships while mega-sized builders such as Hyundai Heavy Industries, the world's largest shipbuilder, have avoided streamlining ......
Read more on Xinhua News Agency





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