South Korea’s midsized shipyard STX Offshore & Shipbuilding Co. under new ownership has rebranded itself as K Shipbuilding to celebrate its new start after graduating from eight-year-long creditor management. Creditors completed the sale of the shipbuilder to a consortium of a local private equity fund KH Investment and United Asset Management Company (UAMCO) at 250 …
The post STX Offshore rebranded as K Shipbuilding under new private ownership first appeared on Hellenic Shipping News Worldwide.