Korea's largest shipbuilder announces record losses worse to come

Friday, October 31st 2014 - 06:38 UTC

Full article 2 comments

South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of 1.8 billion dollars and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders. Read full article

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ChrisR
Uruguay have a contract with HHI to provide a combined power and heat plant “specified by UTE”.

That's bound to be a journey into the unknown for both companies. :o)
Oct 31st, 2014 - 06:29 pm - Link - Report abuse 0
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Briton
hope they are not the ones that is building our 4 ships..
Nov 01st, 2014 - 12:35 am - Link - Report abuse 0
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