Japan Returns to LNG Carrier Construction
19, March 2026
Japan is moving to resume LNG carrier construction after seven years, supported by shipbuilder consolidation and a government-backed capacity expansion plan.
Shipyard
Police Investigate Death at HD Hyundai Shipyard
19, March 2026
A Vietnamese worker was found dead at an HD Hyundai Heavy Industries shipyard on 18 March, and police are investigating the circumstances of the case.
Seatrium Secures Cruise Repair Work From Royal Caribbean Group
19, March 2026
Seatrium has signed a new agreement with Royal Caribbean Group covering cruise vessel inspections, repairs and upgrades in Singapore over the next several years. The deal includes work across the group’s global fleet and strengthens workload visibility for Seatrium’s local yards.
South Korea Seeks Support for Hanwha Philly Yard
19, March 2026
South Korea asked for tariff relief and policy backing for Hanwha’s Philly Shipyard as Seoul and Pennsylvania discussed permits, infrastructure, labor support, and wider shipbuilding growth.
South Korea Moves to Contain Naphtha Risk to Shipyards
19, March 2026
South Korea is working to secure alternative naphtha supplies after Middle East export disruptions raised concern over ethylene availability and possible effects on steel plate cutting at shipyards.
HD Hyundai Says India Yard Plan Not Confirmed
18, March 2026
HD Hyundai said reports of a KRW 3trn ($4bn) investment in a new shipyard in India’s Tamil Nadu state were not confirmed, according to a Korea Exchange filing.
Hanwha Ocean Establishes Offshore Units in Korea and Singapore
17, March 2026
Hanwha Ocean has established new subsidiaries in South Korea and Singapore to support offshore plant projects, WTIV operations and expansion in the domestic offshore wind market.
UK High Court Rejects Appeal in Yangzijiang Shipbuilding Case
17, March 2026
The UK High Court dismissed an appeal in a US$832.2 million case against three wholly owned subsidiaries of Yangzijiang Shipbuilding and also refused the claimants permission to appeal further, according to a company filing.
HD Hyundai Moves Ahead With India Yard Plan
17, March 2026
HD Korea Shipbuilding & Offshore Engineering is advancing a $4.0 billion shipyard project in Thoothukudi, India, with planned annual capacity of 3.5 million to 4.0 million tonnes. The yard is being developed separately from the Cochin Shipyard block facility and is expected to serve as an anchor site within a wider cluster.
