A ceremony to partially reopen Hyundai Heavy Industries’ shipyard in Gunsan, 179 km southwest of Seoul, came about at the moment, with prime minister Han Duck-soo in attendance.
Some 750 employees have been employed and the yard will deal with block constructing.
HHI started to construct its Gusan yard in Might 2008 on the peak of the final supercycle in delivery to go alongside different yards within the HHI empire together with Hyundai Mipo and Hyundai Samho. By the point it was accomplished the next summer time, nevertheless, the markets had been in post-Lehman shock. The yard was ultimately shuttered in 2017.
The Gunsan yard is gigantic; unfold over 1.8m sq m and options one of many world’s largest drydocks, some 700 m lengthy with a 1,600 ton crane.
“The restart of the Gunsan shipyard will additional improve our overwhelming world share of excessive value-added and eco-friendly ships,” prime minister Han mentioned.
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