Shipbuilding

Global shipbuilding orders halved, but Korean yards hold firm on profitability

Shipbuilding orders around the world have taken a steep dive this year, triggering concerns over a looming "order cliff." Yet South Korean shipbuilders appear to be weathering the downturn, thanks to their ongoing emphasis on ..

News > Shipbuilding > 2025-07-09 17:58:46

CSHI accelerates shipyard smart transformation

COSCO Shipping Heavy Industry (CSHI) has launched a major leap forward in the digital transformation of the shipbuilding sector. The company recently commenced full-scale operation of five intelligent short straight pipe production line..

News > Shipbuilding > 2025-07-09 16:40:19

As U.S. looks to rebuild shipbuilding, South Korea emerges as key partner — and competitor

The United States is ramping up efforts to revive its domestic shipbuilding industry, and South Korea—home to some of the world’s most advanced shipyards—is emerging as a natural ally. But as cooperation between the tw..

News > Shipbuilding > 2025-07-09 16:23:23

Maersk, Deltamarin unveil ammonia-fueled containership design

Shipping giant A.P. Moller–Maersk and Finnish naval architecture firm Deltamarin have introduced a new design for a 3,500 TEU ammonia-powered feeder containership, aiming to advance the maritime industry’s decarbonization ef..

News > Shipbuilding > 2025-07-09 15:17:17

Davie targets arctic icebreaker market

Canada’s leading shipbuilder, Davie Shipbuilding, is making a bold move to expand its presence in the Arctic specialty vessel sector by acquiring Mantyluoto Shipyard in Finland. The acquisition will complement Davie’s 2023 p..

News > Shipbuilding > 2025-07-09 13:49:35

[In-depth Analysis] Samsung Heavy Industries Poised to Win $430M VLEC Order

— India’s ONGC and Japan’s MOL form JV; Only Korea’s ‘Big 3’ Invited to Bid, Samsung Emerges as Frontrunner * ONGC-MOL to Jointly Order VLEC Vessels — Samsung Heavy in Pole Position India&..

News > Shipbuilding > 2025-07-09 12:53:53

HRDD achieves record-breaking ship repair performance

Huarun Dadong Dockyard (HRDD), a subsidiary of China’s Hudong-Zhonghua Shipbuilding (HZS), posted a record performance in the first half of 2025, completing repairs on 194 vessels—the highest since the company’s foundi..

News > Shipbuilding > 2025-07-09 11:43:30

Hanwha Ocean likely to gain order momentum in 2H

As of now, Hanwha Ocean has secured approximately $2.75 billion in orders this year, including two LNG carriers, six container ships, and four Very Large Crude Carriers (VLCCs), falling somewhat short compared to other major shipbuilder..

News > Shipbuilding > 2025-07-09 10:52:39

Japan announces $82m national R&D program to advance digital shipbuilding tech

The Government of Japan has officially launched a $82 million research and development initiative aimed at accelerating digital transformation in ship design and construction. The five-year national program will focus on the creation of..

News > Shipbuilding > 2025-07-09 10:39:39

SHI sees growth in both offshore and merchant ship orders

Samsung Heavy Industries (SHI) is expanding its order portfolio beyond its already unrivaled expertise in floating liquefied natural gas (FLNG) facilities, now seeing solid growth in the high-margin commercial ship segment as well. S..

News > Shipbuilding > 2025-07-09 10:15:21