K Shipbuilding

South Korean shipbuilding company

K Shipbuilding Co., Ltd.
Native name	주식회사 케이조선
Formerly	STX Offshore & Shipbuilding
Company type	Public
Industry	Shipbuilding
Founded	April 1967; 57 years ago (1967-04)
Headquarters	Changwon , South Korea
Products	LNG/LPG, Container, Tanker, FPSO/FSU, Drill-ship, Fixed Platform & Naval Ships
Website	www.kshipbuilding.com

K Shipbuilding Co., Ltd. (Korean: 주식회사 케이조선), formerly STX Offshore & Shipbuilding, is a South Korean shipbuilding company. K Shipbuilding was once the world's fourth-largest shipbuilder but entered a creditor-led workout program in 2013. It was delisted in 2014 and went into court receivership in 2016 and 2017.

In 2021, a consortium led by United Asset Management Company (UAMCO) and KH Investment (KHI), purchased STX Offshoring & Shipbuilding for KRW 250 billion (US$ 220 million) from the creditor, including Korea Development Bank.^[1] STX O&S was rebranded as K Shipbuilding after the ownership change.^[2]

References

^ Jin, Min-ji (July 28, 2021). "STX Offshore & Shipbuilding to now be known as K Shipbuilding". Korea Joongang Daily.
^ "STX Offshore rebranded as K Shipbuilding under new private ownership". Maeil Business Newspaper. July 27, 2021.