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KDB to Back DSME's Restructuring Despite Opposition

The restructuring of the financially-troubled South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering ...

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DSME Set for Financial Boost as Union Okays Restructuring

The labor union of South Korea’s financially troubled shipbuilder Daewoo Shipbuilding & Marine ...

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HMM Could Get First Foreign CEO

South Korean shipping company Hyundai Merchant Marine (HMM) might get its first foreign Chief Executive Officer ...

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Korea Sets Up USD 9.5 Bn Fund for Shipping and Shipbuilding

South Korea is launching a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks intended for the ...

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STX Offshore & Shipbuilding Facing Court Receivership

Troubles for South Korean shipbuilders keep on coming the latest victim being STX Offshore & Shipbuilding Co. ...

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Samsung Heavy Hands In Its Self-Rescue Plan to KDB

South Korean shipbuilder Samsung Heavy Industries (SHI) has submitted its self-rescue plan to its main creditor, ...

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KDB to Bail Out Hyundai Merchant Marine

Troubled South Korean shipping company Hyundai Merchant Marine (HMM) is to become a subsidiary of state-owned Korea ...

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KDB, Partners Earmark USD 1.2 Bn to Fund Boxships

The Korea Development Bank (KDB) together with four other financial institutions have signed a Memorandum of ...

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KDB: No Bailouts for DSME in 2016

Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) will not see any more cash injections ...

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Creditors Offer DSME USD 3.7 Billion Lifeline

South Korea’s state-run creditors of Daewoo Shipbuilding & Marine Engineering (DSME) will pump additional ...

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DSME Eyeing STX France

DSME Eyeing STX France

South Korean Daewoo Shipbuilding & Marine Engineering (DSME) has confirmed its interest in buying a stake in a ...

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KDB Sets Aside USD 1 Billion for Shipping

KDB Sets Aside USD 1 Billion for Shipping

The Korea Development Bank (KDB) has made plans to allocate up to USD 1 billion for supporting small and ...

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