Hanwha Group has been authorised to lift its stake in Austal to 19.9%, overtaking Tata Rang Ventures’ 19.28% holding and becoming the Australian defence shipbuilder’s largest shareholder.
Svitzer has ordered four battery-electric TRAnsverse 2600e tugs from Cochin Shipyard Limited, with options for four more, marking the first electric TRAnsverse units in its global harbour towage fleet.
Samsung Heavy Industries has opened a shore-based remote operation center at Evergreen Group’s Taipei HQ, monitoring Evergreen vessels in real time and expanding cooperation on autonomous and remote ship operations.
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November global new ship orders totalled 5.13 million CGT, up 72% month-on-month but slightly below last year, while China kept a 50% monthly share and 59% of year-to-date contracting.
ASRY strengthens its maritime capabilities with major strategic agreements with Fincantieri and Roboze, including Bahrain’s first smart plant for additive manufacturing.
The Supreme Court has upheld the suspended sentence of a safety manager at HD Hyundai Heavy Industries following a fatal accident at the Ulsan shipyard. The incident involved a falling steel plate.
HD Hyundai has signed an exclusive agreement with Tamil Nadu to plan a new shipyard in the state, with Thoothukudi among the candidate sites, in a trillion-won class project tied to India’s Maritime Amrit Kahl Vision 2047.
Deltamarin and China Merchants Heavy Industry secure ABS AiP for a new versatile FPSO hull concept, optimized for multi-field deployment with 1.5 MMBBL storage and standardized EPC solutions.
General Dynamics NASSCO, Samsung Heavy Industries and DSEC have formed a three-way agreement to advance U.S. ship design and manufacturing automation, including the Navy’s Next Generation Logistics Ship program.
