The Supreme Court has upheld the suspended sentence of a safety manager at HD Hyundai Heavy Industries following a fatal accident at the Ulsan shipyard. The incident involved a falling steel plate.
HD Hyundai has signed an exclusive agreement with Tamil Nadu to plan a new shipyard in the state, with Thoothukudi among the candidate sites, in a trillion-won class project tied to India’s Maritime Amrit Kahl Vision 2047.
Deltamarin and China Merchants Heavy Industry secure ABS AiP for a new versatile FPSO hull concept, optimized for multi-field deployment with 1.5 MMBBL storage and standardized EPC solutions.
General Dynamics NASSCO, Samsung Heavy Industries and DSEC have formed a three-way agreement to advance U.S. ship design and manufacturing automation, including the Navy’s Next Generation Logistics Ship program.
Hanwha Ocean successfully delivers the “Wind Mover” WITIV to Cadeler one month ahead of schedule, reinforcing offshore wind installation capacity and expertise in Europe.
Shimanami Shipyard, a subsidiary of Imabari Shipbuilding, will build 10 speculative bulk carriers. Additionally, the company has secured orders for 10 more ships, including Aframax tankers.
HD Hyundai Group has confirmed a new order for one LNG carrier from “Asian shipowners”, with HD KSOE reporting that the deal lifts the group to 91.5% of its $18.05 billion annual order goal.
Hanwha Ocean has reported a KRW 353.6 billion ($254 million) contract to build two VLCCs for an unnamed shipowner in Oceania, with the pair of tankers due for delivery by December 2028.
South Korea’s major shipyards in Geoje and Ulsan face severe labour shortages amid a surge in new orders, pushing builders to hire more foreign workers and triggering local backlash over visa quotas and jobs.
