Shipbuilder Woes Caused by Drop in Work, Compounded by Labor Standoff

SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s major shipbuilders’ troubles caused by drop off in work are being exacerbated by an ongoing labor-management standoff that may further complicate efforts by shipyards to get back on track, industry watchers said Sunday. Hyundai Heavy Industries Co. (HHI), Samsung Heavy Industries Co. and Daewoo Shipbuilding and Marine [...]