Media: South Korean yards cut costs and improve results

South Korea's three major shipbuilders have achieved positive operating results in this year's third quarter, sources tell news agency Yonhap. Cost reductions play key part in boosting the results at the shipyards.
Photo: Thorbjørn Hansen
Photo: Thorbjørn Hansen

The three major South Korean shipyards have once again been able to cut costs enough to trigger improved earnings, reports news agency Yonhap.

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