General

Hengli secures government subsidy

Chinese shipbuilder Hengli Shipbuilding has reportedly secured government support worth approximately $17m to improve its financial health. According to industry sources, the shipbuilder’s holding company, Guangdong Songfa Cera..

News > General > 2025-06-25 15:29:16

Flex LNG to Voluntarily Delist from Oslo Bors in Mid-September

“Focusing on NYSE Listing to Reduce Regulatory Burden” Flex LNG, the LNG carrier owner led by shipping tycoon John Fredriksen, will voluntarily delist from the Euronext Oslo Bors on September 16, 2025. The company has c..

News > General > 2025-06-25 09:19:33

COSCO-CCS had talks on tech advancement

COSCO Shipping Heavy Industry (Dalian), a Chinese shipyard, recently co-hosted a "Ship Value-Added Business Exchange Seminar" with the China Classification Society (CCS). According to industry sources, the seminar featured ..

News > General > 2025-06-24 16:09:45

Tanker industry, "Alternative fuel safety is crucial"

The global oil tanker shipping industry is taking a cautious approach to preparing for future fuel choices, focusing on support for safety and regulatory issues. Against the backdrop of the worldwide decarbonization trend, tanker operat..

News > General > 2025-06-24 13:49:35

[Spotlight] Top U.S. Defense Officials to Visit Korea’s K-Defense Sites

State Dept. Assistant Deputy Secretary, DIU Executive to Tour Hanwha Ocean, KAI First-ever Korea visit by U.S. Defense Innovation Unit (DIU) Sign of rising status for K-Defense in global arms cooperation Top defense officials from ..

News > General > 2025-06-24 13:27:14

Daehan receives green light for KOSPI listing

Daehan Shipbuilding has received a positive signal in its initial public offering (IPO) process. According to industry sources, the South Korean mid-sized shipbuilder, which submitted its application to the Korea Exchange for a listi..

News > General > 2025-06-24 10:54:41

US Shipbuilding experts visit Korea's HD HHI

A delegation of American professors specialising in naval architecture and ocean engineering has visited South Korea’s HD Hyundai Heavy Industries (HD HHI) in Ulsan, as part of efforts to strengthen bilateral cooperation in shipbu..

News > General > 2025-06-23 18:06:06

K-Shipbuilding Fires a Signal for Strategic “Backup” to Secure Tech Supremacy

Confronting Chinese Overcapacity, Green Transition, and Autonomous Shipping – Structural Overhaul of the Industry Now Under Discussion Korea’s shipbuilding industry is stepping up efforts to safeguard its edge in advance..

News > General > 2025-06-22 11:50:29

Korea Launches Public-Private Naval MRO Platform

Korea Maritime Defense Industry Cooperative Officially Established in Busan First-ever public-private platform for naval ship MRO Mid-sized shipyards and equipment firms join forces Focus on localization, joint R&D, and digital..

News > General > 2025-06-20 09:11:37

From RE100 to CF100: Korea’s Energy Strategy at a Crossroads

SMR legislation signals shift toward pragmatic carbon neutrality “Carbon-free energy policy must reflect industrial and geopolitical realities,” experts warn Government pushes SMR law just weeks after reaffirming RE100 ..

News > General > 2025-06-20 08:52:38