The sale of leading cruiseship builder STX France has been put on hold, raising speculation that STX Group’s main creditor bank, the Korean Development Bank (KDB), is exploring the possibility of bringing in South Korea’s DSME to take control of the Saint- Nazaire-based yard.
There has been no progress on the sale, which KDB originally strongly insisted should be settled by the end of last year as part of the financial restructuring of STX Offshore & Shipbuilding.
