
Seatrium Accelerates Asset Sales to Cut Costs
Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

DAPA plans a March 2026 tender for KDDX as HD Hyundai Heavy Industries and Hanwha Ocean prepare detailed design bids.

Three Jeongjo the Great-class Aegis destroyers gathered at HD Hyundai Heavy Industries’ Ulsan shipyard—Jeongjo Daewang, Dasan Jeong Yakyong and Daeho Kim Jongseo—highlighting build milestones and capabilities.

A signed shipbuilding contract between Cochin Shipyard Ltd and France’s CMA CGM covers six feeder container vessels of 1,700 TEU each. The company said the ships will be LNG-fuelled, with

Seaspan awards a contract to Confined Space Robotics to develop semi-autonomous robotic systems for blast and paint operations, supporting safety, quality, and sustainability goals under Canada’s NSS.

Mare Island Dry Dock filed for bankruptcy on 14 February to reorganize while pursuing a sale or partnership, after losing the USCG Healy maintenance contract and reducing staffing in December.

Hanwha Ocean and Ontario Shipyards signed an MOU to restore large-scale shipbuilding in Ontario, alongside an LOI with Mohawk College to build an in-yard training hub supporting future naval programmes.

CMA CGM signed a contract with Cochin Shipyard for six 1,700 TEU LNG-powered feeder containerships, with first delivery due February 2029 and Indian registration expected.

Bureau Veritas Marine & Offshore (BV) issued AIPs for five Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. projects spanning LNGCs, an LNG FSRU, a ULEC, OCC-ready design and 3D classification.
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