Jung Sung-Leep was enjoying a well-earned retirement, spending time with his family and playing golf, but a telephone call changed all that.

After just one year’s break, the Korean shipbuilding veteran was asked to turn round the fortunes of the ailing STX Offshore & Shipbuilding shipyard at the end of 2013. The call had come from state-owned Korea Development Bank (KDB), where Jung had started his career in shipbuilding in the mid-1970s.

“I