
Canada Selects ThyssenKrupp Type 212CD Submarines for Naval Expansion
Canada selected ThyssenKrupp Marine Systems and its German-Norwegian partners to build 12 Type 212CD diesel-electric submarines for naval expansion and Arctic patrol missions.

Canada selected ThyssenKrupp Marine Systems and its German-Norwegian partners to build 12 Type 212CD diesel-electric submarines for naval expansion and Arctic patrol missions.

Mangalia shipyard’s bankruptcy manager will reopen the Romanian yard’s sale on 29 July 2026 at EUR 184 million, with creditors including Damen seeking a single-package asset sale.

Petrobras plans to invest about $2.32 billion to build 42 vessels at Santa Catarina shipyards, including PSVs, OSRVs, RSVs and pushboats under its Mar Aberto Program.

HD Korea Shipbuilding & Offshore Engineering has signed an 885 billion won contract for one FSRU and one LNG carrier, with delivery scheduled by the first half of 2029.

COSCO Shipping Energy Transportation, Shell and Jiangnan Shipyard have signed a construction agreement for four 175,000 cu metres LNG carriers to serve Shell under long-term charter agreements.

J Ocean Heavy Industries has signed an LOI to build four 114,000-ton tankers for Oceania shipowners while progressing with the acquisition of Gunsan Shipyard.

VARD has delivered a hybrid construction and cable laying vessel to Toyo Construction at Vard Langsten in Norway for Japan’s offshore wind market.

HD Hyundai Heavy Industries has agreed to sell its Gunsan shipyard to J Ocean Heavy Industries for KRW 780 billion as part of its non-core asset disposal plan.

Samsung Heavy Industries is constructing three large FLNG units at Geoje Shipyard while adding the $2.9 billion Delfin FLNG project to its portfolio, reinforcing its position in floating LNG.
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