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Korea shipbuilding mega merger hits a snag

A much ballyhooed potential merger of Korean shipbuilding giants Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) has run into a snag. Unionized workers at both shipbuilders are determined to

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Hopes grow for DSME rescue package

APRIL 17, 2015 — South Korea’s Yonhap news agency says that major bondholders of Daewoo Shipbuilding & Marine Engineering Co. today agreed to the debt rescheduling measures proposed by the state-run Korea

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Hopes grow for DSME rescue package

that major bondholders of Daewoo Shipbuilding & Marine Engineering Co. today agreed to the debt rescheduling measures proposed by the state-run Korea Development Bank (KDB). The National Pension Service (NPS), which owns