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Bankruptcy looms as no takers vie for Sungdong

Sungdong Shipbuilding & Marine Engineering, once one of the top 10 largest shipbuilders in the world a decade ago, is on the verge of declaring bankruptcy, having failed to find any investors at a third auction held this week. The yard has been in court receivership for the past 15 months. Located in Tongyeong in […]

WP_Post Object ( [ID] => 209913 [post_author] => 76 [post_date] => 2019-06-14 06:24:12 [post_date_gmt] => 2019-06-14 06:24:12 [post_content] =>

Sungdong Shipbuilding & Marine Engineering, once one of the top 10 largest shipbuilders in the world a decade ago, is on the verge of declaring bankruptcy, having failed to find any investors at a third auction held this week. The yard has been in court receivership for the past 15 months. Located in Tongyeong in […]

[post_title] => Bankruptcy looms as no takers vie for Sungdong [post_excerpt] => Sungdong Shipbuilding & Marine Engineering, once one of the top 10 largest shipbuilders in the world a decade ago, is on the verge of declaring bankruptcy, having failed to find any investors at a third auction held this week. The yard has been in ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => bankruptcy-looms-as-no-takers-vie-for-sungdong [to_ping] => [pinged] => [post_modified] => 2019-06-14 07:44:12 [post_modified_gmt] => 2019-06-14 07:44:12 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=107488 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )