shipbuilder Archives | Page 2 of 2

S. Korea Keep Top Spot in Shipbuilding Orders in H1

SEOUL, Jul. 3 (Korea Bizwire) — South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., have secured the largest amount of new orders in the first six months of the year to retain the top slot, while the global shipbuilding industry saw new orders halve, industry data showed Friday. According to the data [...]

Korean Court Sides with Union of Hyundai Heavy in Ruling on Wages Issues

ULSAN, Feb. 12 (Korea Bizwire) — A local court on Thursday ruled in favor of the Hyundai Heavy Industries‘ union, ordering the company to count regular bonuses as base pay. Ten unionized workers at the world’s largest shipbuilder had filed a lawsuit against the company early last year, claiming regularly paid bonuses should be included [...]