HD Hyundai Heavy Industries and its labor union failed to reach a wage agreement, with partial strikes planned through 10 September and another walkout set for 15 September.
Kang Duk-soo, who built the former STX group, is returning to shipbuilding through D-Ocean Asset Management’s KRW 410 billion acquisition of control in SK Oceanplant.
The US Maritime Administration has revised Title XI vessel and shipyard financing rules, cutting application fees and simplifying requirements for federally guaranteed financing.
HD KSOE, Samsung Heavy Industries and Hanwha Ocean recorded operating rates of 100% or more in H1 2026 while increasing investment in automation and shipyard facilities.
China secured 52 of 90 LNG carrier orders in H1 2026, compared with South Korea’s 37, as Chinese yards expanded their share of the high-value shipbuilding segment.
CEVA Logistics | Fagioli completed the engineering, transport, load-out and launch of CCGS Donjek at Halifax Shipyard using 232 SPMT axle lines and a semi-submersible barge.
South Korea’s three major shipbuilders recorded about $130 billion in combined order backlog, while HD Hyundai Heavy Industries and Samsung Heavy Industries exceeded merchant vessel targets.
ROC has signed multiple contracts with an overseas shipowner for 5,000-tonne and 4,500-tonne PSVs featuring large cargo capacity, thruster systems and battery technology.
Penguin International has secured a turnkey contract to design, engineer and build two RSN landing craft in its first naval shipbuilding programme as prime contractor.
