India outlines plans to expand shipbuilding and maritime cooperation with South Korea as part of its strategy to grow its fleet and advance its 2047 development agenda.
Royal T Shipyards completed Vertom’s decade-long LABRAX programme with the launch of MV Vertom Quina, finalizing the tenth diesel-electric vessel for European short-sea operations.
UPM expands its LNG material offerings with WISA-LNG Spruce, a spruce-based plywood developed and tested with GTT for membrane cargo tank insulation using BioBond adhesive technology.
HD Hyundai has secured a $1.46 billion contract for eight 13,400-TEU LNG dual-fuel container ships from HMM, its largest container-ship order since 2007.
Japan is preparing a large-scale recovery plan for its shipbuilding sector, with Minister Yasushi Kaneko calling for expanded shipyards and full-process investment to meet long-term production goals.
Eastern Shipbuilding Group has suspended work on two U.S. Coast Guard offshore patrol vessels due to heavy financial pressure. The halt follows years of program restructuring, schedule delays, and a shift of OPV construction to Austal USA.
A U.S. Commerce delegation reviewed HJ Shipbuilding’s facilities in Busan, assessing naval MRO capabilities and exploring merchant shipbuilding cooperation under the expanding MASGA framework.
ZPMC and Far East have signed an EPC agreement for the construction of a large-capacity multi-purpose cable-laying vessel. The vessel is designed for offshore wind projects and subsea cable maintenance.
PaxOcean Zhoushan has named PAC LIBRA, the first 40,000-DWT multi-purpose vessel jointly developed with PCL, featuring heavy-lift equipment and upgraded cargo-handling systems.
