A fire aboard Ocean Melody killed 25 people during repair and inspection work at Qingdao Beihai shipyard in China. Five people were injured and 12 evacuated safely.
HD Hyundai is advancing plans for a 2.5 million GT shipyard in Thoothukudi, India, as it seeks an overseas production base for tankers and bulk carriers.
Hanwha outlined plans to expand U.S. Navy shipbuilding at Hanwha Philly Shipyard as Acting Navy Secretary Hung Cao visited the Philadelphia facility to discuss investment and workforce growth.
Russian icebreaker Admiral Makarov caught fire during repairs at Kronstadt Marine Plant. No injuries were reported, while the cause and extent of damage remain undisclosed.
Hanwha Ocean faces a $1 billion arbitration claim from Arctic LNG 2 over alleged Step In Agreements breaches linked to terminated shipbuilding contracts.
Japan has approved up to ¥213.1bn for shipyard projects led by Imabari Shipbuilding, Japan Marine United and Namura Shipbuilding as it moves to expand domestic construction capacity.
Hanwha Ocean awaits Thailand’s next-generation frigate decision after entering the Royal Thai Navy tender with its 4,000-tonne OCEAN-40F design.
HII is targeting a 15% increase in shipyard throughput in 2026, with more than two million outsourced work hours planned as it expands U.S. shipbuilding capacity.
Samsung Heavy Industries plans to expand its Busan R&D Center with a KRW 8.6 billion investment as engineering work increases for the Delfin FLNG project.
