Sungdong Shipbuilding & Marine Engineering, once one of the top 10 largest shipbuilders in the world a decade ago, is on the verge of declaring bankruptcy, having failed to find any investors at a third auction held this week. The yard has been in court receivership for the past 15 months. Located...
https://splash247.com/bankruptcy-looms-as-no-takers-vie-for-sungdong/