ASIA

HHI to shut down shipyard in August 

SOUTH Korean Hyundai Heavy Industries will suspend work at its offshore oil and gas facilities by August as works slows to a trickle. 

Uncertain future for HHI

Uncertain future for HHI

"We cannot afford to run the offshore facility until we secure new orders," the company said in a Friday statement.    In total the company has over 15,000 employees and the shipbuilder has said it...

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