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'''K Shipbuilding Co., Ltd.''' ({{Korean |hangul=주식회사 케이조선}}), formerly STX Offshore & Shipbuilding, is a South Korean shipbuilding company. K Shipbuilding was once the world's fourth-largest shipbuilder but entered a creditor-led workout program in 2013. It was delisted in 2014 and went into court receivership in 2016 and 2017. In 2021, a consortium led by United Asset Management Company (UAMCO) and KH Investment (KHI), purchased STX Offshoring & Shipbuilding for KRW 250 billion (US$ 220 million) from the creditor, including [[Korea Development Bank]].<ref>{{cite news |last=Jin |first=Min-ji |date=July 28, 2021 |title=STX Offshore & Shipbuilding to now be known as K Shipbuilding |url=https://koreajoongangdaily.joins.com/2021/07/28/business/industry/stx-offshore--shipbuilding-k-shipbuilding-creditor/20210728182700380.html |work=[[Korea Joongang Daily]] |location= |access-date=}}</ref> STX O&S was rebranded as K Shipbuilding after the ownership change.<ref>{{cite news |author=<!--not stated--> |date=July 27, 2021 |title=STX Offshore rebranded as K Shipbuilding under new private ownership |url=https://pulsenews.co.kr/view.php?year=2021&no=724110 |work=[[Maeil Business Newspaper]] |location= |access-date=}}</ref>
'''K Shipbuilding Co., Ltd.''' ({{Korean |hangul=주식회사 케이조선}}), formerly STX Offshore & Shipbuilding, is a South Korean shipbuilding company. K Shipbuilding was once the world's fourth-largest shipbuilder but entered a creditor-led workout program in 2013. It was delisted in 2014 and went into court receivership in 2016 and 2017.
In 2021, a consortium led by United Asset Management Company (UAMCO) and KH Investment (KHI), purchased STX Offshoring & Shipbuilding for KRW 250 billion (US$ 220 million) from the creditor, including [[Korea Development Bank]].<ref>{{cite news |last=Jin |first=Min-ji |date=July 28, 2021 |title=STX Offshore & Shipbuilding to now be known as K Shipbuilding |url=https://koreajoongangdaily.joins.com/2021/07/28/business/industry/stx-offshore--shipbuilding-k-shipbuilding-creditor/20210728182700380.html |work=[[Korea Joongang Daily]] |location= |access-date=}}</ref> STX O&S was rebranded as K Shipbuilding after the ownership change.<ref>{{cite news |author=<!--not stated--> |date=July 27, 2021 |title=STX Offshore rebranded as K Shipbuilding under new private ownership |url=https://pulsenews.co.kr/view.php?year=2021&no=724110 |work=[[Maeil Business Newspaper]] |location= |access-date=}}</ref>


==See also==
==See also==

Revision as of 07:59, 12 April 2023

K Shipbuilding Co., Ltd.
Native name
주식회사 케이조선
FormerlySTX Offshore & Shipbuilding
Company typePublic
IndustryShipbuilding
FoundedApril 1967; 57 years ago (1967-04)
Headquarters,
South Korea
ProductsLNG/LPG, Container, Tanker, FPSO/FSU, Drill-ship, Fixed Platform & Naval Ships
Websitewww.kshipbuilding.com

K Shipbuilding Co., Ltd. (Korean주식회사 케이조선), formerly STX Offshore & Shipbuilding, is a South Korean shipbuilding company. K Shipbuilding was once the world's fourth-largest shipbuilder but entered a creditor-led workout program in 2013. It was delisted in 2014 and went into court receivership in 2016 and 2017.

In 2021, a consortium led by United Asset Management Company (UAMCO) and KH Investment (KHI), purchased STX Offshoring & Shipbuilding for KRW 250 billion (US$ 220 million) from the creditor, including Korea Development Bank.[1] STX O&S was rebranded as K Shipbuilding after the ownership change.[2]

See also

References

  1. ^ Jin, Min-ji (July 28, 2021). "STX Offshore & Shipbuilding to now be known as K Shipbuilding". Korea Joongang Daily.
  2. ^ "STX Offshore rebranded as K Shipbuilding under new private ownership". Maeil Business Newspaper. July 27, 2021.