STX architect plots shipbuilding comeback
One of the most spectacular boom-and-bust figures from shipping’s last great shipbuilding cycle is back. Kang Duk-soo, the architect of South Korea’s former STX empire, is returning to the industry through D-Ocean Asset Management, the consortium acquiring control of SK Oceanplant for around KRW410bn ($298m). SK Oceanplant is the former Samkang M&T, a Goseong-based offshore …