Hanwha Ocean has secured a 2.59 trillion won ($1.75 billion) contract from a European shipowner for seven LNG carriers, lifting its 2025 order tally to 51 ships worth $9.83 billion.
Nakilat strengthens financial flexibility through Korean financing for 25 LNG newbuildings, first delivery by end-2026.
SHI delivers Korea’s first 7,500 m³ LNG carrier converted with the KC-2C system, showcasing innovation in domestic LNG technology.
Samsung Heavy Industries refines its global shipbuilding network by focusing LNG and high-value ship construction at Geoje Shipyard while expanding international partnerships for crude tankers and offshore facilities.
China’s shipbuilding sector faces a sharp 73% drop in new orders as global demand slows and U.S. restrictions tighten, while South Korea expands its market share in high-value vessels.
Hanwha Ocean has achieved a global first by completing an LNG ship-to-ship transfer during sea trials, demonstrating cutting-edge innovation in maritime LNG technology.
