With the Korean shipbuilding industry remains in the doldrums, the three major domestic shipbuilding giant collective fall of the country's shipbuilding industry is entering the most dangerous situation.

    Korea overall weak stock market in early trading, the shipbuilding sector led the declines. The world's largest shipyard Hyundai Heavy Industries shares fell 7.7% Friday.

    The world's second largest shipbuilding Daewoo Shipbuilding and Marine Engineering shares slumped 30 percent on Wednesday, a record, once again fell 6.51 percent on Thursday, fell further in early trading on Friday up to 4%. Earlier South Korean Chosun Ilbo quoted the insider news reported that the company has about 2 trillion won (US $ 1.75 billion) loss has not been included in the book. He fears that the company probably will be forced to restructure its debt. South Korean brokerage has revised its rating.

     Daewoo Shipbuilding spokesman said, in anticipation of a loss, the company is evaluating the matter, but has not yet determined the extent of losses; feed latest findings released in early August quarterly earnings call.

     South Korean media quoted government officials Etoday news that the world's third-largest shipbuilder Samsung Heavy losses in the second quarter may be up to 1 trillion won (US $ 872 million). The company shares fell in early trading Friday, down the biggest since at least 1994.

     According to Bloomberg, Samsung Heavy Industries in a public statement in the form of e-mail that the company did not end finishing work in the second quarter of financial data, and will not have Etoday reports of potential losses the company was available for comment.

     Impact of the global economic slowdown, the overall downturn in the Korean shipbuilding industry in recent years, deep overcapacity, reduced orders, increased debt dilemma. Lower freight pressing shipowners to order new ship demand.