The US Maritime Administration has revised Title XI vessel and shipyard financing rules, cutting application fees and simplifying requirements for federally guaranteed financing.
HD KSOE, Samsung Heavy Industries and Hanwha Ocean recorded operating rates of 100% or more in H1 2026 while increasing investment in automation and shipyard facilities.
China secured 52 of 90 LNG carrier orders in H1 2026, compared with South Korea’s 37, as Chinese yards expanded their share of the high-value shipbuilding segment.
CEVA Logistics | Fagioli completed the engineering, transport, load-out and launch of CCGS Donjek at Halifax Shipyard using 232 SPMT axle lines and a semi-submersible barge.
South Korea’s three major shipbuilders recorded about $130 billion in combined order backlog, while HD Hyundai Heavy Industries and Samsung Heavy Industries exceeded merchant vessel targets.
ROC has signed multiple contracts with an overseas shipowner for 5,000-tonne and 4,500-tonne PSVs featuring large cargo capacity, thruster systems and battery technology.
Penguin International has secured a turnkey contract to design, engineer and build two RSN landing craft in its first naval shipbuilding programme as prime contractor.
Diden Robotics has been named to Forbes Asia’s 100 To Watch 2026 after deploying physical AI robots for welding and inspection work in shipyards.
Hanwha Ocean has reached the final bidding stage with SBM Offshore for the $3 billion Venus FPSO project in Namibia and secured approvals for its low-carbon standard FPSO design system.
