Korea shipbuilders stall in wage talks as Hanwha Ocean faces multi-union fight

🇰🇷 Hellenic Shipping News (KR) —

AI Summary

Wage and collective-agreement negotiations at South Korea’s shipbuilders remain unresolved at HD Hyundai Heavy Industries and Hanwha Ocean, amid a multi-union dispute at Hanwha. Samsung Heavy Industries has already concluded its wage talks.

Bargaining over the wage and collective agreement in the shipbuilding industry is showing signs of dragging on. Among the three major shipbuilders (HD Hyundai Heavy Industries, Hanwha Ocean, Samsung Heavy Industries), Samsung Heavy Industries wrapped up wage talks first on the 23rd of last month, while HD Hyundai Heavy Industries and Hanwha Ocean are struggling ...

Politics Markets Deals Shipping South Korea shipbuilding wage negotiations labor unions Hanwha Ocean collective agreement

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