CNOOC has appointed Huang Yongzhang as Chief Executive Officer, adding the role to a broader set of senior leadership positions at the Chinese state-owned oil and gas company.
Cadeler secured a new Taiwan offshore wind O&M contract through Nexra, with Wind Maker assigned to two wind farms in 2026.
Foreign workers made up 22.7 percent of South Korea’s shipbuilding workforce in 2024, highlighting labor shortages, policy pressure for domestic hiring, and a growing push toward automation and smart yard investment.
China Tourism Group Co., Ltd. and China State Shipbuilding Corporation Limited signed an MoU in Shanghai for a new large cruise ship project, combining tourism operations, shipbuilding, construction and operating management to strengthen China’s full cruise industry chain.
Adora Cruises floated out Adora Flower City, China’s second large domestically built cruise ship, and signed for two more vessels plus an option for a third as it prepares for delivery in late 2026 and targets wider international cruise operations.
Hornblower Group expanded its Bridgeport yard to 17 acres, rebranded the site as Steelpointe Shipyard by Hornblower, and added broader vessel, propulsion and yacht service capabilities.
