Featured News
South Korea Plans 889 Eco-Friendly Ships by 2035
South Korea plans to support the transition of 889 private and public vessels to eco-friendly models by 2035 under its second basic plan covering the 2026-2035 period.
Ørsted puts 1.4GW Incheon offshore wind project on hold
Ørsted has put its planned 1.4GW Incheon offshore wind project on hold and will not participate in South Korea’s upcoming fixed-price offshore wind bidding round.
Diden Robotics Wins Forbes Asia Recognition for Shipyard Physical AI
Diden Robotics has been named to Forbes Asia’s 100 To Watch 2026 after deploying physical AI robots for welding and inspection work in shipyards.
Normand Valiant Gets $62 Million Petrobras Contract in Brazil
Solstad Maritime has announced a two-year Petrobras contract for Normand Valiant in Brazil, with a gross value of approximately $62 million and commencement planned for Q4 2026.
Taiwan Starts Contract Termination Process for 700 MW Youde Offshore Wind Project
Taiwan has started the contract termination process for Shinfox Energy’s 700 MW Youde offshore wind project after the developer failed to complete payment of its outstanding performance bond.
NKT Completes First Cable Pull-Ins for €3.1 Billion Biscay Gulf Interconnector
NKT has brought the first Biscay Gulf Interconnector cables ashore at Lemóniz using NKT Victoria and a drilled route extending more than 1,000 m.
Hanwha Ocean Reaches Final Bid Stage for $3 Billion Namibia Venus FPSO
Hanwha Ocean has reached the final bidding stage with SBM Offshore for the $3 billion Venus FPSO project in Namibia and secured approvals for its low-carbon standard FPSO design system.
Hengli Heavy Reports 207 Orders and 380-Ship Backlog
Hengli Heavy Industries received 207 vessel orders in the first half of 2026, with its backlog reaching about 380 ships through 2030 and production running at about seven ships per month.
Davie Secures C$11.3 Billion Contract for Six Canadian Coast Guard Icebreakers
Davie Shipbuilding has secured a C$11.3 billion fixed-price contract to build six Program Icebreakers for the Canadian Coast Guard under Canada’s National Shipbuilding Strategy.
