Hanwha Ocean successfully delivers the “Wind Mover” WITIV to Cadeler one month ahead of schedule, reinforcing offshore wind installation capacity and expertise in Europe.
Shimanami Shipyard, a subsidiary of Imabari Shipbuilding, will build 10 speculative bulk carriers. Additionally, the company has secured orders for 10 more ships, including Aframax tankers.
HD Hyundai Group has confirmed a new order for one LNG carrier from “Asian shipowners”, with HD KSOE reporting that the deal lifts the group to 91.5% of its $18.05 billion annual order goal.
Hanwha Ocean has reported a KRW 353.6 billion ($254 million) contract to build two VLCCs for an unnamed shipowner in Oceania, with the pair of tankers due for delivery by December 2028.
South Korea’s major shipyards in Geoje and Ulsan face severe labour shortages amid a surge in new orders, pushing builders to hire more foreign workers and triggering local backlash over visa quotas and jobs.
Seatrium unit SEI and Maersk affiliate PHOENIX II A/S have entered London arbitration over a cancelled $475 million WTIV for Empire Wind 1, with SEI seeking rulings on wrongful termination and contract validity.
Authorities raided Hanwha Ocean after a subcontractor died in a platform collapse at the Geoje shipyard. More than 40 officials entered company and subcontractor sites as police and the labor ministry review negligence and serious accident law violations.
Cemre Shipyard has delivered NB1094 ESVAGT, the world’s first SOV powered by e-methanol and batteries, designed for Hornsea 2 operations with reduced emissions and modern offshore service capabilities.
Hanwha Group has raised 1 trillion won to expand its presence in the U.S. maritime and defense industries, with a major focus on shipbuilding and potential acquisitions of local shipyards.
