South Korea's big three shipyards are expected to post reduced losses for the fourth quarter, but their outlook remains gloomy.

The Yonhap news agency cited analysts and industry sources as saying Hyundai Heavy Industries (HHI), Samsung Heavy Industries and DSME would be in better shape after an estimated combined operating deficit of KRW 2.1 trillion ($1.85bn) in the third period.

Samsung should return to a profit somewhere between KRW 30bn and KRW 50bn.

"Samsung