K Shipbuilding Co., Ltd. | |
Native Name: | 주식회사 케이조선 |
Native Name Lang: | ko |
Former Name: | STX Offshore & Shipbuilding |
Type: | Public |
Industry: | Shipbuilding |
Hq Location City: | Changwon |
Hq Location Country: | South Korea |
Products: | LNG/LPG, Container, Tanker, FPSO/FSU, Drill-ship, Fixed Platform & Naval Ships |
K Shipbuilding Co., Ltd., 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]