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Report: KDB to Finalize SHI's Self-Rescue Plan This Week

South Korean shipbuilder Samsung Heavy Industries (SHI) could see its self-rescue plan finalized as the ...

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Korean Banks Hit Hard by Shipbuilding Woes

After South Korea launched a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks, the ...

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HMM Nets USD 570 Mn Debt-for-Equity Swap Deal

Struggling South Korean shipping company Hyundai Merchant Marine has concluded a deal with its creditors, led by ...

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Hanjin Shipping’s Restructuring Cleared

South Korean shipping company Hanjin Shipping has received approval from creditors to move forward with its ...

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Hanjin Heavy Gets USD 105 Mn of Financial Aid

South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC) will receive an additional amount of  KRW ...

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HMM Gets a Breather from Creditors

Cash-strapped shipping company Hyundai Merchant Marine (HMM) has managed to secure some breathing space from its ...

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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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Shareholders Give Nod to HMM's Capital Reduction

Troubled South Korean shipping company Hyundai Merchant Marine (HMM) has been allowed to stay listed on the local ...

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DSME’s Shares Rebound after Aid Deal

 Daewoo Shipbuilding and Marine Engineering’s (DSME) shares have made a substantial comeback today as the ...

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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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KSS Line Secures Financing for Its VLGC

South Korean  LPG and chemical shipping company KSS Line has signed a financing deal with Korea Development Bank ...

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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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