SEOUL : South Korean President Yoon Suk-yeol on Thursday urged contract shipyard workers at Daewoo Shipbuilding & Marine Engineering (DSME) to end their action as negotiations stalled amid disputes over wages and compensation for damages.
About 100 sub-contractors have occupied DSME’s main dock in the south coast city of Geoje since last month demanding a 30 per cent pay increase, causing delays to deliveries of new vessels.
In recent negotiations, strikers said they lowered their demands to a gradual increase of 15 per cent, while DSME is holding firm at its offer of a 4.5 per cent rise.
“Illegal actions should be resolved swiftly and normalised…for everyone’s good,” Yoon told reporters in Seoul.
Companies contracted to DSME and the strikers continued talks for more than 12 hours on Wednesday but failed to reach an agreement, as damage compensation emerged as a key sticking point, according to the Korea Metal Workers’ Union,…