The three major Shanghai-based shipyards under China State Shipbuilding Corporation (CSSC)—Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding (HZS), and Shanghai Waigaoqiao Shipbuilding (SWS)—have completed and delivered a tota..
The Norwegian classification society DNV analyzed that carbon capture and storage (CCS) technology is nearing a pivotal stage of development, with adoption expected to grow fourfold by 2030 as industrial sectors beyond energy begin to e..
The US Trump administration is now pushing ahead with a project to rebuild domestic shipbuilding and shipping industries which are experiencing decline. However, the process has been far from smooth. Although the revival of the shipbuil..
Dominates 74% of Global Newbuilding Market – High-value vessels also under threat – Korea fights back with LNG and tech leadership – U.S., Japan, EU warn: “Supply chains, logistics, security at risk” ..
Trump Administration’s Shipbuilding Drive Faces Stark Realities U.S. to allocate $30B out of $150B defense budget for naval shipbuilding Korea, Japan tapped for MRO and tech collaboration—but gap with China remains massive..
Samsung Heavy Industries (SHI) is showing solid signs of recovery, with its return on equity (ROE) nearing 10% for 2025. However, market confidence appears to lag behind its earnings rebound. Despite a 71% jump in market capitalizati..
Korea’s CGT per vessel twice that of China… Tech gap still evident According to data compiled by Clarkson Research, global ship orders in June 2025 reached 2.56 million CGT (84 vessels), marking a 44% increase from the p..
Hanwha Ocean’s 3-Pronged Overhaul Poised to Reshape the US Shipbuilding Landscape Philly Shipyard, now under Hanwha Ocean’s ownership, is undergoing a full-scale transformation. With a focus on skilled workforce develo..
As China accelerates its shift toward greener industrial practices, a shipyard in the southeastern province of Fujian is poised to deliver one of the country’s latest eco-conscious maritime efforts: a fully electric, multipurpose ..
As a poor sentiment is being seen in the new order sales market amid sluggish economy, rising tensions between the US and China, and US' proposed port fee for China-built or linked vessels, the two shipbuilding powernations South Ko..
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