Around 85% of 7,000 unionised workers at Daewoo Shipbuilding & Marine Engineering (DSME) have voted in favour of industrial action at the South Korean yard, reports say.
The workers say they will be hardest hit by the shipbuilding group’s restructuring action, according to Korea’s Yonhap news agency.
The labor union said the industrial action will not happen immediately. Meanwhile, DSME’s creditors have reportedly been trying to stall the strike.
“We will continue to consult with Daewoo Shipbuilding in order to prevent unionized workers from going on strike,” one of the creditors told Yonhap. “If they really walk out, we cannot help but stop our assistance to the shipbuilder.”
Last year, DSME’s creditors provided KRW4.2tr ($3.58bn) in financial aid in exchange for its workers not going on a strike, according to the Korean newswire.