Hyundai Heavy staff in three-day strike

Hyundai Heavy staff in three-day strike

15,000 workers at the world’s largest shipbuilder downed tools yesterday for what will be a three-day strike in protest at massive restructuring ongoing at South Korea’s Hyundai Heavy Industries (HHI). The strike is the first collective walkout at HHI in 23 years.

HHI, amid a dramatic drop in orders, is spinning off its non-shipbuilding operations as well as shuttering berths at its Gunsan facility. It has already laid off thousands of workers, with more set to face the chop.

The strike continues today and Monday. HHI shareholders vote on Monday about the conglomerate’s restructuring plans.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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