HJ Shipbuilding & Construction delivered its first 7,900 TEU green container ship, NAVIOS CYAN, more than two months ahead of schedule for Navios Maritime Partners.
Davie Defense finalized a $3.5 billion contract to build five Arctic Security Cutters for the U.S. Coast Guard, with construction split between Finland and Texas under the broader U.S. Arctic fleet expansion strategy.
South Korea announced its K-Shipbuilding Future Vision, including public vessel orders, KRW 525 billion in technology investment and KRW 16 trillion in trade finance.
VARD will add a new floating dock at Vard Langsten to strengthen newbuilding, conversion and service capacity, with completion targeted for Q3 2027.
Dajin Heavy Industry is advancing plans for a Hong Kong IPO to support offshore engineering expansion, global market growth and strategic investments across the offshore wind sector.
HD Hyundai is advancing electric propulsion technology for large vessels, targeting commercialisation in 2028 and deployment by 2030.
Hanwha Philly Shipyard’s $1 billion Matson container ship program has shifted into 2028, while Hanwha Ocean plans a $5 billion expansion of the U.S. yard.
The U.S. Navy is considering nearly $2 billion in foreign shipbuilding study and procurement efforts as it seeks solutions for delays in domestic naval construction.
South Korea and the United States advanced MASGA Project discussions, including plans for a shipbuilding cooperation center and strategic investment initiatives covering energy infrastructure.
