Hanjin Heavy Industries & Construction of South Korea has announced plans to modernise its Youngdo yard in Busan having completed a settelement with its labour force, Seatrade Asia online reports. Hanjin Heavy’s yard in Busan dates back to 1937 and is the oldest in Korea.
With no new orders in Busan the company has taken the decision to reorganize the layout, and upgrade a number of old 100 ton gantry cranes. Hanjin Heavy suffered earlier this year from an 11-month strike by its Busan workers regarding proposed layoffs.
With no new orders in Busan the company has taken the decision to reorganize the layout, and upgrade a number of old 100 ton gantry cranes. Hanjin Heavy suffered earlier this year from an 11-month strike by its Busan workers regarding proposed layoffs.