Special Report - Asia Focus
Displayed below are a set of articles which belong to this Special Report.
Gambling on asset plays have led to sector’s woes
AS A senior executive of shipbuilder and shipowner STX, Lee Jong-chul is among the few people who have a perspective on both sectors, in particular on the damage done following the ordering frenzy over the last three or four years.
DSME builds with design drive
SOUTH Korean shipbuilders are undergoing a metamorphosis as they grapple with one of the worst downturns in the industry in living memory and tackle the increasing competitive challenge from Chinese shipbuilders.
Resilient HMM prepares to ride a wave of growth
HYUNDAI Merchant Marine, like South Korea’s exports and industrial output in the first quarter, has been surprisingly resilient in the face of the downturn in the shipping markets. While yields last year from its container shipping division were down, they were not as bad as those of regional rivals, including Hanjin Shipping and Mitsui OSK Lines.
‘Newcomer’ Korean Register races to catch up
OH KONG-GYUN does not look like a man in a hurry. However, looks can be deceptive.
Hanjin continues cost savings to recover last year’s losses
AFTER posting a $1.1bn loss last year, Hanjin Shipping is “trying to do everything” it can to become profitable again.
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