HD Hyundai Expands Vietnam Shipbuilding Push
7, May 2026
HD Hyundai is expanding its Vietnam shipbuilding base, aiming to lift HVS annual capacity from 15 vessels to 23 by 2030.
Shipyard
China Strengthens Shipbuilding Dominance as Korea Narrows Focus
6, May 2026
China is expanding its shipbuilding lead as Korean yards focus on LNG and LPG carriers, while the China-built Glovis Leader highlights pressure on Korea’s standard vessel sectors.
Rheinmetall, MSC Plan Mangalia Shipyard Revival
6, May 2026
Rheinmetall and MSC are considering major investments to revive Romania’s Mangalia shipyard as a dual-use hub for military and civilian shipbuilding.
COSCO Qidong Completes Quay Expansion
6, May 2026
COSCO SHIPPING (Qidong) Offshore has completed the main construction phase of its outfitting quay expansion, adding a 220 m berth and 1,420 m total frontage.
Damen Starts Dakar Shiprepair JV
5, May 2026
Damen and Senegal have formed a joint venture to operate Damen Shiprepair Dakar, supporting ship repair, maintenance and offshore energy clients in West Africa.
China Merchants Qingdao Expands Smart Yard
5, May 2026
China Merchants Qingdao Shipyard plans a $147 million smart workshop and Rushan base equipment expansion to raise shipbuilding capacity.
Samsung Heavy Wins FSRU Order in Asia
5, May 2026
Samsung Heavy Industries has secured a KRW 484.8 billion LNG FSRU order from an Asian shipowner as demand for energy infrastructure rises.
Austal Wins A$150.3 Million Patrol Boat Contract
4, May 2026
Austal has secured an A$150.3 million contract extension to build two additional Evolved Cape-class patrol boats for the Australian Border Force.
Unfinished Vigo Ferry Still Without Buyer After Three Years
4, May 2026
An unfinished ferry moored in Vigo remains unsold three years after arrival, despite multiple inspections and market interest from European operators.
