
China Merchants Qingdao Expands Smart Yard
China Merchants Qingdao Shipyard plans a $147 million smart workshop and Rushan base equipment expansion to raise shipbuilding capacity.

China Merchants Qingdao Shipyard plans a $147 million smart workshop and Rushan base equipment expansion to raise shipbuilding capacity.

Samsung Heavy Industries has secured a KRW 484.8 billion LNG FSRU order from an Asian shipowner as demand for energy infrastructure rises.

Austal has secured an A$150.3 million contract extension to build two additional Evolved Cape-class patrol boats for the Australian Border Force.

An unfinished ferry moored in Vigo remains unsold three years after arrival, despite multiple inspections and market interest from European operators.

The US Navy is reviewing whether shipyards in South Korea and Japan could help support future warship design and production.

U.S. cargo demand continues to support global shipping capacity, but much of the resulting shipbuilding strength is accumulating overseas.

Halifax Shipyard has launched the future CCGS Donjek, the Canadian Coast Guard’s first AOPS, supporting fleet renewal, Arctic operations and Canada’s National Shipbuilding Strategy.

CSSC Offshore and Marine Engineering (COMEC) reported strong Q1 2026 results, with revenue rising 56.1% and profit more than doubling, supported by improved efficiency and shipbuilding milestone payments.

Two large floating dock modules have been launched in Szczecin for Gryfia Marine Ship Repair Yard, moving the delayed 240 m Dock No. 8 project toward planned delivery in July 2027.
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