Samsung Heavy Industries has successfully demonstrated its AI-powered autonomous navigation system during a trans-Pacific voyage, marking a milestone in smart shipping technology.
Seatrium Offshore Technology and Cochin Shipyard have signed an MoU to expand cooperation in offshore energy and MRO projects across India and Asia, supporting regional energy transition.
Seatrium has secured Approval in Principle from ABS for its FLEXHull™ 1500K-M FPSO, a next-generation deepwater production design engineered for flexibility, capacity, and sustainability.
Seatrium has divested its AmFELS Yard in Brownsville, Texas, to Karpowership affiliate Karpower Valley LLC for S$65 million, as part of a strategy to streamline operations and boost capital efficiency.
Skarv Shipping Solutions has launched its first newbuild, PEAK SKARV 1, at Huanghai Shipbuilding in China. Scheduled for delivery in January 2026, the vessel is designed for sustainable cargo operations with lower CO₂ emissions.
ABS and Persona AI have signed an MOU to introduce humanoid robotics to shipyards, aiming to boost safety, efficiency, and innovation in shipbuilding.
Cochin Shipyard and Mazagon Dock Shipbuilders (MDL) will invest US$3.4 billion to build new green-field shipyards in Tamil Nadu, creating an estimated 55,000 jobs and strengthening India’s shipbuilding sector.
South Korea’s HD Hyundai Heavy Industries is negotiating to buy a U.S. shipyard as part of a long-term plan to expand warship production for the U.S. Navy.
Hanwha Ocean has secured a $1.4 billion contract with Yang Ming Marine for seven 15,880 TEU LNG dual-fuel container ships, marking a major step in eco-friendly fleet expansion with deliveries scheduled by 2029.
