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Hanjin Heavy Industries & Construction has rebranded as is now known as HJ Shipbuilding & Construction (HJSC).The company is the oldest shipyard business in South Korea, founded in Busan in 1937. After many years in debt workout, a local consortium led by Dongbu Corporation bought the company in September this year and the yard has celebrated its first orders for a long time in a recent months.Other Korean yards have rebranded this year including STX, which is now known as K Shipbuilding.
