HD Hyundai Heavy Industries has introduced the Dasan Jeong Yak-yong, the most advanced Aegis destroyer built to date, during a ceremony in Ulsan.
Everett Ship Repair has acquired the floating dry dock Hercules, now the largest in Puget Sound, expanding ship repair capacity on the U.S. West Coast.
Hanwha Ocean is considering a new shipyard in Niterói, Rio de Janeiro, as Petrobras’ FPSO tenders and Brazil’s industrial policy create momentum for expanded local shipbuilding capacity.
India has set a bold target to claim 5% of the global shipbuilding market by 2030, with plans for new shipyards, green technologies, and policy reforms driving the initiative.
HD Korea Shipbuilding & Offshore Engineering has secured a US$470 million contract to construct four container carriers, further strengthening its 2025 orderbook.
GTT has secured a new LNG tank design contract from Samsung Heavy Industries for an FLNG unit bound for Africa, reinforcing its role in offshore energy infrastructure.
Imabari Shipbuilding has delivered the 2,086-TEU MAERSK NOTODDEN, a modern container ship designed for versatility and compliance with the latest environmental standards.
Hanwha Power Systems has secured ABS approval for its ammonia-fueled gas turbine retrofit at Gastech 2025, advancing zero-carbon propulsion for LNG carriers.
Beijing has combined CSSC and CSIC into a single shipbuilding giant, consolidating commercial and naval capacity with an orderbook of 530 vessels worth 54 million DWT.
