{"id":1566308,"date":"2022-07-22T11:34:33","date_gmt":"2022-07-22T15:34:33","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1566308"},"modified":"2022-07-22T11:34:41","modified_gmt":"2022-07-22T15:34:41","slug":"s-korean-shipyard-workers-reach-tentative-deal-to-end-strike","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/s-korean-shipyard-workers-reach-tentative-deal-to-end-strike\/","title":{"rendered":"S.Korean shipyard workers reach tentative deal to end strike"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fs-korean-shipyard-workers-reach-tentative-deal-to-end-strike%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1566308&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Byungwook Kim and Heekyong Yang<\/p>\n<p>SEOUL (Reuters) -South Korean contract workers have tentatively agreed to end their strike at the country\u2019s No.3 shipbuilder in return for a much smaller wage hike than they had demanded, union officials and subcontractors said on Friday.  <\/p>\n<p>Since late last month, about 100 sub-contractors pressing for an increase of 30% have occupied the main dock at the shipyard run by Daewoo Shipbuilding &#038; Marine Engineering (DSME) in the southern city of Geoje. <\/p>\n<p>Friday\u2019s pact leaves open the possibility of legal action to recover strike damages, however. <\/p>\n<p>\u201cBoth sides have reached an agreement and are drafting a written document to sign,\u201d said Jang Seok-won, a spokesperson of the Korea Metal Workers\u2019 Union, which represents the strikers.<\/p>\n<p>Union officials accepted an offer of a 4.5% wage increase, along with offers of successive employment for workers from some subcontractors that have shut or are about to, another union official told reporters. <\/p>\n<p>But there was no agreement yet on whether subcontractors would pursue plans for legal action to seek strike damages, union officials and subcontractor representatives said. <\/p>\n<p>Daewoo has previously said it expected a daily loss of 32 billion won ($24 million) from the strike, adding that the dispute had cost it more than $400 million by mid-July.<\/p>\n<p>The construction of eight vessels at five docks has been affected, with delivery dates pushed back by two to five weeks as of Wednesday, a company spokesperson said. <\/p>\n<p>\u201cWe will put all our capabilities into making up for delayed production, and work harder for a co-operative co-existence with subcontractors,\u201d Daewoo Shipbuilding added in a statement. <\/p>\n<p>($1=1,309.3700 won)<\/p>\n<p> (Reporting by Byungwook Kim and Heekyong Yang; Editing by Kenneth Maxwell and Clarence Fernandez)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/?attachment_id=2729298\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/tagreuters.com2022binary_LYNXMPEI6L02S-VIEWIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI6L02S-VIEWIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Byungwook Kim and Heekyong Yang SEOUL (Reuters) -South Korean contract workers have tentatively agreed to end their strike at the country\u2019s No.3 shipbuilder in return for a much smaller<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1566308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1566308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1566308"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1566308\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1566308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1566308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1566308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}