Korea's four largest yards lose significant market value

Korea's four largest shipyards have lost 36 percent of their market value in 2014 alone, as foreign investors are divesting their stakes.
Photo: Lee Jin-man
Photo: Lee Jin-man
BY OLE ANDERSEN

The market value of Korea's four largest shipyards, Hyundai Heavy Industries, Samsung Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Hyundai Mipo Dockyard, has dropped USD 14.4 billion in 2014 alone, corresponding to a total average decline in stock prices of around 36 percent, according to Business Korea.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading