Dajin Heavy Industry is advancing plans for a Hong Kong IPO to support offshore engineering expansion, global market growth and strategic investments across the offshore wind sector.
HD Hyundai is advancing electric propulsion technology for large vessels, targeting commercialisation in 2028 and deployment by 2030.
Hanwha Philly Shipyard’s $1 billion Matson container ship program has shifted into 2028, while Hanwha Ocean plans a $5 billion expansion of the U.S. yard.
The U.S. Navy is considering nearly $2 billion in foreign shipbuilding study and procurement efforts as it seeks solutions for delays in domestic naval construction.
South Korea and the United States advanced MASGA Project discussions, including plans for a shipbuilding cooperation center and strategic investment initiatives covering energy infrastructure.
Rheinmetall is advancing its naval shipbuilding expansion with a non-binding offer for German Naval Yards, setting up competition with TKMS as European defense spending rises.
Seatrium and ABS signed an MOU to support maritime and offshore energy innovation, regulatory readiness, decarbonization, and emerging technology verification.
HD Hyundai Robotics will supply ArcLift GO robotic welding systems to Chouest Group shipyards in North America and Brazil.
Hanwha Ocean said it will maintain disciplinary action linked to safety accidents at its Geoje shipyard, despite union rallies demanding withdrawal.
