
China Expands LNG Shipbuilding Push
China has added a fifth LNG carrier builder with Celsius Georgetown, intensifying competition with Korean yards as orders rise, prices tighten and technology gaps narrow.

China has added a fifth LNG carrier builder with Celsius Georgetown, intensifying competition with Korean yards as orders rise, prices tighten and technology gaps narrow.

U.S. sanctions on Hengli Petrochemical (Dalian) Refinery have raised compliance questions for Hengli Heavy Industry Group, although the Dalian shipyard has not been directly named as a sanctions target.

South Korea launches a national council to connect shipbuilding and shipping, with LNG cooperation and AI autonomous vessel plans.

Seatrium avoids prosecution in Singapore after court approval of a $110m DPA linked to Brazil’s Operation Car Wash probe.

VARD has launched the first CSOV for Windward Offshore, featuring battery-hybrid propulsion and green methanol readiness for offshore wind operations.

South Korea’s antitrust regulator extended corrective measures on Hanwha’s shipbuilder acquisition until 2029, citing remaining competition risks.

Hanwha Philly Shipyard plans to hire up to 10,000 workers over five years to expand US shipbuilding capacity.

HD Hyundai is advancing digital twins, autonomous navigation and AI robotics to improve shipbuilding productivity and shipyard efficiency.

HD Hyundai Heavy Industries secured a $348.9 million order from the Swedish Maritime Administration to build a Polar Class 4 icebreaker for delivery by 2029.
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