Large-scale walkout at world's biggest shipbuilder

Dissatisfaction is simmering in the South Korean shipbuilding sector, where 12,000 employees have now walked out at Hyundai Heavy Industries. Large-scale layoffs in the offshore unit have triggered the protests.

Photo: /ritzau/AP/Lee Jin-man

12,000 employees at the massive South Korean shipyard Hyundai Heavy Industries walked out on Monday, and the same will happen Tuesday, reports Financial Times.

The walkout is to protest the current restructuring plan aimed at securing a future for the shipbuilder at a time with few orders.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk unveils design of methanol vessels

For five years, Maersk has been working on developing a new vessel design, which can increase the energy efficiency of its fleet by 20 percent. The first eight vessels are planned to sail on green methanol from 2024.

Further reading

Related articles

Latest news

See all jobs