
Mangalia Shipyard Enters Bankruptcy
Mangalia Shipyard is entering bankruptcy proceedings after creditors rejected its reorganization plan, prompting a court process that will lead to liquidation steps.

Mangalia Shipyard is entering bankruptcy proceedings after creditors rejected its reorganization plan, prompting a court process that will lead to liquidation steps.

HII and GrayMatter Robotics are testing how AI and robotic systems can support labor-intensive shipyard work, with demonstrations and pilot programs planned over the next year.

Dalian COSCO Shipping Kawasaki completed methanol tank section installation on its first 24,000-TEU dual-fuel container ship on 30 March, reaching the milestone three days ahead of schedule.

BlackRock has acquired a 5.01% stake in Samsung Heavy Industries as the South Korean shipbuilder builds orders and global yard backlogs remain extended.

Samsung Heavy Industries has expanded stop-work rights at its Geoje shipyard, banning disadvantages for workers who use the system and adding compensation and incentives for partner companies affected by safety stoppages.

Excelerate Energy named its new FSRU, Excelerate Acadia, at HD Hyundai Heavy Industries in Ulsan. The vessel, built for long-term LNG import and regasification work, is scheduled for deployment at the company’s integrated LNG terminal in Iraq.

HD Hyundai Heavy Industries welcomed 30 defense attachés from 25 countries to its Ulsan yard, where the delegation reviewed naval construction and support capabilities.

MARAD will raise 2026 funding for its Small Shipyard Grant Program to $35 million, while also moving ahead with new port and marine highway awards across the United States.

Damen Shipyards Group has signed a contract with Polidano Group for two CF 3850 vessels, expanding cargo capacity and adding more flexible Mediterranean transport options.
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