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Fatal Accident Causes Hanwha Ocean to Suspend Production

 South Korea’s third-largest shipbuilder, Hanwha Ocean, reports work was suspended at its shipyard facility in Okpo after a fatal accident. An investi. ....

South Korea , South Korea General , Hanwha Ocean , Ministry Of Employment , Korea Development Bank , Samsung Heavy Industries , Daewoo Shipbuilding , Marine Engineering , Development Bank ,

Hanwha Ocean hit for first fatal industrial accident since acquisition

Hanwha Ocean is facing a setback in its production and a dispute with its labor union, after a 27-year-old subcontracted worker died last week from an explosion at the shipbuilder’s shipyard on Geoje Island, South Gyeongsang Province, according to industry officials, Tuesday. ....

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Samsung, SK, Hyundai Motor, LG chiefs to skip World Economic Forum

The World Economic Forum (WEF) taking place in the Swiss city of Davos from Jan. 15 to 19 is likely to draw less attention from Korean businesspeople this year, as the chairmen of Samsung, SK, Hyundai Motor and LG will not attend the event, according to industry officials, Friday. ....

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Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders

 South Korea’s third largest shipbuilder, Hanwha Ocean, was quick to deny reports in the media that the company plans to reduce shipbuilding activitie. ....

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