Medium-size South Korean yard Daehan Shipbuilding, which has a huge bulker and products-tanker orderbook involving high-profile owners, has filed for court receivership.

The DSME-managed builder’s application to the Gwangju District Court early this week was based on a more than $50m claim, including interest accrued, by a shipowner and involving charter contracts signed by its sister company Daehan Merchant Marine, also known as Daehan Shipping.

Hong