Samsung Heavy Industries is constructing three large FLNG units at Geoje Shipyard while adding the $2.9 billion Delfin FLNG project to its portfolio, reinforcing its position in floating LNG.
HEA Energy has secured $550 million through its inaugural senior secured bond, the largest Nordic bond issuance by a MENA-headquartered company, to support fleet expansion, newbuild SESVs and OSVs, and refinancing initiatives.
Samsung Heavy Industries is expanding tanker outsourcing in Vietnam while reducing reliance on Chinese yards and focusing Geoje on high-value vessels.
Samsung Heavy Industries has launched Cedar FLNG at its Geoje shipyard, with delivery planned in the first half of 2028 after topside and LNG tank work.
Hanwha Ocean said it will maintain disciplinary action linked to safety accidents at its Geoje shipyard, despite union rallies demanding withdrawal.
Samsung Heavy Industries and General Dynamics NASSCO held talks at the Geoje shipyard on 15 April 2026 to discuss practical cooperation measures, including the U.S. Navy’s NGLS project.
Samsung Heavy Industries has expanded stop-work rights at its Geoje shipyard, banning disadvantages for workers who use the system and adding compensation and incentives for partner companies affected by safety stoppages.
Samsung Heavy Industries has launched the 432 m FLNG Coral Norte for ENI at its Geoje shipyard, adding to a strong FLNG track record that includes six of ten global FLNG newbuild orders.
Hanwha Ocean has confirmed a worker fatality at its Geoje shipyard PAS Plant on 8 January. The employee was found unresponsive in a rest area, and police and other authorities are investigating.
