ABS and Persona AI have signed an MOU to introduce humanoid robotics to shipyards, aiming to boost safety, efficiency, and innovation in shipbuilding.
Cochin Shipyard and Mazagon Dock Shipbuilders (MDL) will invest US$3.4 billion to build new green-field shipyards in Tamil Nadu, creating an estimated 55,000 jobs and strengthening India’s shipbuilding sector.
South Korea’s HD Hyundai Heavy Industries is negotiating to buy a U.S. shipyard as part of a long-term plan to expand warship production for the U.S. Navy.
Hanwha Ocean has secured a $1.4 billion contract with Yang Ming Marine for seven 15,880 TEU LNG dual-fuel container ships, marking a major step in eco-friendly fleet expansion with deliveries scheduled by 2029.
HD Hyundai Heavy Industries has introduced the Dasan Jeong Yak-yong, the most advanced Aegis destroyer built to date, during a ceremony in Ulsan.
Everett Ship Repair has acquired the floating dry dock Hercules, now the largest in Puget Sound, expanding ship repair capacity on the U.S. West Coast.
Hanwha Ocean is considering a new shipyard in Niterói, Rio de Janeiro, as Petrobras’ FPSO tenders and Brazil’s industrial policy create momentum for expanded local shipbuilding capacity.
India has set a bold target to claim 5% of the global shipbuilding market by 2030, with plans for new shipyards, green technologies, and policy reforms driving the initiative.
HD Korea Shipbuilding & Offshore Engineering has secured a US$470 million contract to construct four container carriers, further strengthening its 2025 orderbook.
