ABS will review Samsung Heavy Industries’ 50 MW floating data center design while granting approval in principle for the company’s larger 200 MW concept.
HD Korea Shipbuilding & Offshore Engineering has signed an MOU with Fraser Industries to provide smart shipyard systems and modernization consulting for Fraser Shipyards in the United States.
Seatrium reported a 158% rise in 1H2026 net profit to S$373 million, while revenue increased to S$5.6 billion and its net order book stood at S$13.3 billion.
HD Hyundai has launched Orion Jade, the first newbuild from the former Hanjin shipyard in Subic Bay since its 2019 closure. The 115,000 dwt tanker is part of a four-ship order.
Ha Long Shipbuilding has launched CSOV 9020, the seventh of 14 offshore wind service vessels being built in Vietnam for international customers.
Samsung Heavy Industries and Sargent & Lundy have signed an MOU to develop a standardized FSMR platform capable of accommodating different reactor technologies.
The Republic of Korea and the United States opened KUSPC in Washington, D.C., alongside 15 agreements covering shipyards, supply chains, workforce training and joint R&D.
HD Hyundai Samho has delivered the 93,000 m³ Jane Maersk, its first very large ammonia carrier and the first of five VLACs ordered by Maersk in November 2023.
Chinese shipyards secured 34 LNG carrier orders by early July 2026, compared with 32 for South Korean yards, as limited Korean capacity affected contract allocation.
