K Shipbuilding Co., Ltd., formerly STX Offshore & Shipbuilding, is a South Korean shipbuilding company. K Shipbuilding was once the world's fourth-largest shipbuilder but entered a creditor-led workout program in 2013. It was delisted in 2014 and went into court receivership in 2016 and 2017.
In 2021, a consortium led by United Asset Management Company (UAMCO) and KH Investment (KHI), purchased STX Offshoring & Shipbuilding for KRW 250 billion (US$ 220 million) from the creditor, including Korea Development Bank.[1] STX O&S was rebranded as K Shipbuilding after the ownership change.[2]
See also
- STX Corporation
- STX Europe
- STX Finland
- STX France
External links
References
- Min-ji Jin. STX Offshore & Shipbuilding to now be known as K Shipbuilding Korea Joongang Daily, July 28, 2021^
- STX Offshore rebranded as K Shipbuilding under new private ownership Maeil Business Newspaper, July 27, 2021^