HSG Sungdong returns to shipbuilding spotlight with Samsung Heavy tie-up

HSG Sungdong Shipbuilding, once one of the top 10 shipbuilders in the world, has re-entered the finished shipbuilding market, forging a strategic partnership with Samsung Heavy Industries and securing major orders in offshore wind and marine infrastructure. After years of financial hardship that culminated in court receivership in 2018, the reborn HSG Sungdong — acquired …