Hyundai Heavy's workers want to pick new director

Employees at South Korean shipbuilder Hyundai Heavy Industries want, through their labor union, to help pick a new manager for the company. The call comes as part of the ongoing restructuring of the struggling shipyard.

by DANIEL LOGAN

The world's biggest shipyard, South Korea's Hyundai Heavy Industries (HHI), is in the midst of a large-scale restructuring aimed at getting the crisis-stricken shipyards business back on track in market starving for new orders.

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Hyundai Heavy's workers want to pick new director

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Struggling Hyundai shipyard delivers profits in the first quarter

South Korean yards struggling to enter new markets

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs