Nakilat Secures Korean Financing for 25 LNG Carrier Newbuildings
30, October 2025
Nakilat strengthens financial flexibility through Korean financing for 25 LNG newbuildings, first delivery by end-2026.
Shipyard
JHI Steamship Nears Contract with K Shipbuilding for Two Aframax Tankers
30, October 2025
Greek shipowner JHI Steamship is finalising a deal with K Shipbuilding for two Aframax tankers, marking what would be its first South Korean newbuilding project.
Trump Grants Approval for South Korea to Build Nuclear Submarine at Philadelphia Shipyard
30, October 2025
U.S. President Donald Trump announces South Korea’s approval to construct a nuclear-powered submarine at a Philadelphia shipyard, marking a milestone in U.S.-South Korea relations and shipbuilding cooperation. South Korea to replace its diesel-powered subs with advanced nuclear technology.
India Targets Top 5 Global Shipbuilding Rank by 2047
29, October 2025
India sets a national goal to rank among the top five global shipbuilding nations by 2047 through major maritime investment and green cooperation.
Samsung Heavy Industries Demonstrates Its LNG Technology with KC-2C System
28, October 2025
SHI delivers Korea’s first 7,500 m³ LNG carrier converted with the KC-2C system, showcasing innovation in domestic LNG technology.
Hanwha Ocean’s Q3 Operating Profit Surges 11-Fold on LNG Carrier Deliveries
27, October 2025
Hanwha Ocean posted a remarkable 1,032% surge in Q3 operating profit, driven by LNG carrier deliveries and steady naval contracts, though trade tensions with China pose new risks.
Samsung Heavy Industries and Rainbow Robotics Sign Agreement to Co-Develop Shipbuilding Robots
27, October 2025
Samsung Heavy Industries and Rainbow Robotics signed an agreement to co-develop shipbuilding robots, beginning with a collaborative welding robot with AI features and targeting improved mobility and usability.
HD Hyundai Heavy Industries and HII Sign MOA to Strengthen U.S. Navy Shipbuilding Cooperation
27, October 2025
HD Hyundai Heavy Industries and HII signed an MOA during APEC 2025 to strengthen collaboration in naval shipbuilding, technology, and industrial base development between South Korea and the United States.
HD Hyundai Heavy Industries & HD Hyundai Mipo Merger Approved
24, October 2025
HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard have officially secured shareholder approval for their merger, set to launch a unified entity on December 1, marking a strategic consolidation in Korea’s shipbuilding and defence industries.
