Samsung Heavy Industries (SHI) is considering more job cuts if annual order targets are not met.
Chief executive Park Dae-young said the shipyard could win orders worth $5.3bn, but if not, additional layoffs would be an option to keep SHI afloat.
The company does not plan to reduce its target figure as it won two contracts in the last three weeks.
SHI will build two firm LNG carriers for GasLog and four tankers for Norway’s Viken Shipping.
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