Colombo Dockyard PLC is using its SGIP to pivot from traditional ship repair and construction into specialized marine infrastructure projects, expanding in the Maldives while managing higher financial and market risks.
Haiyang Shiyou 696, a WS25000-class Tuna Offshore Series vessel designed by SDARI and built by Wuhu Shipyard for CNOOC, has started sea trials as China’s first large integrated offshore well stimulation ship.
COSCO Shipping Heavy Industry (Zhoushan) has begun a 42,831.51 sq m energy-efficiency upgrade, targeting Q1 2027 completion to enhance productivity and high-end shipbuilding capability.
The U.S. Coast Guard awarded Rauma Marine Constructions and Bollinger Shipyards contracts for up to six Arctic Security Cutters, with first deliveries targeted for 2028 and 2029 under the ICE Pact-linked approach.
Clarkson data cited by Korean media show South Korea back in the low-20% range (about 22%) of global orders in 2025 despite a 37% market decline, led by the Big Three’s selective intake.
India issued guidelines for ₹44,700+ crore shipbuilding schemes, combining 15–25% milestone-linked support with yard upgrades, clusters, and a credit note worth 40% of Fair Scrap Value.
ZPMC won a RMB 1.1488 billion contract to build a 1,600-tonne DP-2 deepwater crane vessel for Guangzhou Salvage Bureau, featuring 90 m piling capability and delivery before 30 June 2027.
HJ Shipbuilding & Construction, HD Hyundai Heavy Industries and LIG Nex1 formed a consortium to develop integrated control and autonomous mission core technologies for combat USVs, including a large verification platform build.
Hanwha Group is expanding hiring and upgrading Hanwha Philly Shipyard as “Golden Fleet” shipbuilding plans advance, positioning the yard for potential US naval workshare and future platform cooperation.
