K Shipbuilding Co., Ltd. (Korean: 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.
Native name | 주식회사 케이조선 |
|---|---|
| Formerly | STX Offshore & Shipbuilding |
| Company type | Public |
| Industry | Shipbuilding |
| Founded | April 1967 |
| Headquarters | , South Korea |
| Products | LNG/LPG, Container, Tanker, FPSO/FSU, Drill-ship, Fixed Platform & Naval Ships |
| Website | www.kshipbuilding.com |
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 edit
References edit
- ^ Jin, Min-ji (July 28, 2021). "STX Offshore & Shipbuilding to now be known as K Shipbuilding". Korea Joongang Daily.
- ^ "STX Offshore rebranded as K Shipbuilding under new private ownership". Maeil Business Newspaper. July 27, 2021.
External links edit
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