K Shipbuilding Co., Ltd. (Korean: 주식회사 케이조선), 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

References

  1. ^ Jin, Min-ji (July 28, 2021). "STX Offshore & Shipbuilding to now be known as K Shipbuilding". Korea Joongang Daily.
  2. ^ "STX Offshore rebranded as K Shipbuilding under new private ownership". Maeil Business Newspaper. July 27, 2021.

External links