Nakilat Secures Korean Financing for 25 LNG Carrier Newbuildings
30, October 2025
Nakilat strengthens financial flexibility through Korean financing for 25 LNG newbuildings, first delivery by end-2026.
maritime industry
Greece Strengthens Strategic Investments in Shipbuilding and Island Infrastructure
23, October 2025
Greece strengthens its commitment to shipbuilding and island investment, upgrading ONEX Shipyards Syros under its Strategic Investment Framework.
Indian Register of Shipping Oversees Delivery of Deck Cargo Ship HAITENG 007 Built in China
15, October 2025
The Indian Register of Shipping (IRS) has confirmed the delivery of the deck cargo ship HAITENG 007, built at Qidong Jisheng Shipbuilding Co., Ltd. in China and sailing under the Panama flag.
China Targets Hanwha Ocean’s U.S. Subsidiaries in Retaliatory Sanctions
14, October 2025
China’s Ministry of Commerce sanctioned five U.S.-linked subsidiaries of Hanwha Ocean under the Anti-Foreign Sanctions Law, escalating tensions in shipbuilding and logistics.
EMS Group Unveils New Coaster EMS Luna in Leer Naming Ceremony
13, October 2025
EMS Group has officially named its new coaster, EMS Luna, at its headquarters in Leer, Germany — marking another step in its growing fleet expansion program.
Maersk Offshore Wind Cancels $475M WTIV Contract with Seatrium Amid Completion Phase
10, October 2025
Maersk Offshore Wind has terminated its $475 million Wind Turbine Installation Vessel (WTIV) construction contract with Singapore’s Seatrium. The move comes as the vessel nears completion, triggering commercial and legal implications for both companies.
Retired U.S. Navy Rear Admiral to Lead Hanwha’s U.S. Shipbuilding Arm
8, October 2025
Hanwha strengthens its position in the U.S. shipbuilding industry by appointing retired Rear Admiral Tom Anderson as President of its U.S. Shipbuilding Division.
Yangzijiang Cancels US$180m Tanker Contracts Over Sanctions Concerns
29, September 2025
Yangzijiang Shipbuilding has terminated US$180 million in MR oil tanker contracts after new disclosures linked the buyer’s shareholder to alleged U.S. sanctions evasion.
HD Korea Shipbuilding Wins $470M Contract for Four Container Carriers
16, September 2025
HD Korea Shipbuilding & Offshore Engineering has secured a US$470 million contract to construct four container carriers, further strengthening its 2025 orderbook.
