Shipbuilding

"Nuclear-Powered Container Ships by 2030"… A New Era for Maritime Propulsion

HD Hyundai Heavy Industries Spearheads World’s First Civilian MSR Carrier Project Minimized Blast Impact, Radiation Shielding, and Non-Proliferation Design at the Core A new energy source is rising in the global shipping indus..

News > Shipbuilding > 2025-05-02 15:16:46

U.S. Reintroduces SHIPS Act—Korean Shipbuilders Set to Gain, Chinese Peers Face Headwinds

The U.S. Congress has reintroduced the SHIPS Act, aimed at revitalizing domestic shipbuilding and maritime industries. The bill includes restrictions on Chinese shipyards, raising expectations that Korean shipbuilders will benefit ..

News > Shipbuilding > 2025-05-02 14:53:22

Korea likely to win LNGCs from US project

Woodside Energy has announced that the Australian energy provider made a final investment decision (FID) on April 29 on Louisiana LNG project. The company noted, "With first LNG targeted for 2029, Louisiana LNG represents a comp..

News > Shipbuilding > 2025-05-02 14:29:17

Chinese yards resume new order rally

As the United States Trade Representative's (USTR) implementation plan for sanctions against China is being eased, the rally in new ship orders in the Chinese shipbuilding industry, which had been stagnant for a while, is gradually ..

News > Shipbuilding > 2025-05-02 12:25:13

Korea's ship exports upturn continue

Shipyards in South Korea exported vessels worth about $2.01bn last April, up by 17.3% against a year ago. The Ministry of Trade, Industry and Energy (MOTIE) noted, "Exports of ships ordered at high prices have continued since 20..

News > Shipbuilding > 2025-05-02 11:11:36

HD Hyundai Mipo Selectively Secures High-Value Vessel Orders

HD Hyundai Mipo Dockyard announced on May 2 that it has signed a contract with an African shipping company for the construction of two 39,000-cbm medium-sized LPG carriers. The deal is valued at approximately USD 147.45 million, with th..

News > Shipbuilding > 2025-05-02 08:52:33

Oil tanker orders expected to decrease this year

Shipyards in the world are expected to win oil tankers of 36.87m cgt this year, down by 35% year-on-year. Maritime Strategies International (MSI) has recently noted, "The global shipbuilding industry's 2024 tanker orders are..

News > Shipbuilding > 2025-04-30 16:36:23

HD Hyundai Mipo secures two feeder boxships from Singapore’s Sea Consortium

HD Hyundai Mipo has clinched an order for two 2,800 teu feeder containerships from Singapore-based shipping group Sea Consortium. The contract is valued at approximately KRW 159.3 billion The new vessels are expected to be delivered ..

News > Shipbuilding > 2025-04-30 15:10:00

China's New Times Shipbuilding bags tanker duo amid signs of market recovery

Amid ongoing U.S.-China trade tensions, China’s New Times Shipbuilding has secured an order for two 159,000-dwt Suezmax tankers from Greek shipowner George Procopiou’s Dynacom Tankers. According to industry sources and fo..

News > Shipbuilding > 2025-04-30 12:19:19

Evalend seeks tanker newbuild in Korea

Greek shipowner Evalend Shipping has been in talks with South Korean shipbuilding heavyweight HD Korea Shipbuilding & Offshore Engineering (HD KSOE) on the construction of Suezmax tankers. Evalend is seeking for 2027 early delive..

News > Shipbuilding > 2025-04-30 11:44:30