An all out modernisation of its core Yeongdo yard to fight off the challenge of Chinese competitors has been announced by Hanjin Heavy Industries & Construction.

The move follows the settlement of a marathon labour dispute with Hanjin saying it aims to regain its position as South Korea’s number one shipyard.

The Yeongdo yard in Pusan
The modernisation of the Pusan yard will include upgrades to docks and quays and replacement of less efficient cranes with new ones.

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