
Hanwha Philly Shipyard Named in $1.5 Billion US Vessel Plan
Hanwha Philly Shipyard has been named in a $1.5 billion US vessel construction plan announced as part of a wider defense investment package in Pennsylvania.

Hanwha Philly Shipyard has been named in a $1.5 billion US vessel construction plan announced as part of a wider defense investment package in Pennsylvania.

Princess Anne visited HD Hyundai Heavy Industries in Ulsan for UK-Korea shipbuilding talks and reviewed its cooperation with Rolls-Royce and Beaufort.

The Seafarers Happiness Index fell sharply in Q1 2026 as Persian Gulf conflict increased safety fears, supply shortages and stress for crews.

South Korea launches a national council to connect shipbuilding and shipping, with LNG cooperation and AI autonomous vessel plans.

India is strengthening its shipbuilding base through a landmark CMA CGM order, AI logistics investment, defense yard progress, and new policy support in Tamil Nadu.

MOL enters the European offshore wind support vessel sector through an investment in two CSOVs with Schoeller Holdings and a partnership with Deutsche Offshore Schifffahrt.

Japan is committing ¥350 billion over 10 years to revitalise shipbuilding, aiming for 18m GT capacity and a 20% global share by 2035 through state funding, coordinated industry support and US cooperation.

Altera Infrastructure announced with sadness that CEO Ingvild Sæther passed away on 27 October, following more than three decades of service in the maritime and offshore sector.

Korea’s major shipbuilders posted strong Q3 2025 earnings, but rising container ship orders and Chinese price competition have raised profitability concerns.
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