White House Seeks Foreign Yards for Four U.S. Navy Ships
6, August 2026
The White House has asked Congress to allow two U.S. Navy warships and two support ships to be built overseas, citing domestic shipbuilding backlogs.
Naval Shipbuilding
Princess Anne Visits HD Hyundai Heavy Industries for UK-Korea Shipbuilding Talks
14, July 2026
Princess Anne visited HD Hyundai Heavy Industries in Ulsan for UK-Korea shipbuilding talks and reviewed its cooperation with Rolls-Royce and Beaufort.
Iskra Shipyard, 3. Maj and Fincantieri Discuss MoU Cooperation
13, July 2026
Iskra Shipyard, 3. Maj Shipyard and Fincantieri have continued talks in Croatia on possible naval shipbuilding and maritime cooperation following their recent Memorandum of Understanding.
US Requests Naval Shipbuilding Capacity Details from South Korean Shipbuilders
9, July 2026
The U.S. has requested naval shipbuilding capacity information from HD Hyundai Heavy Industries, Hanwha Ocean and Samsung Heavy Industries as Seoul and Washington advance shipbuilding cooperation.
Mangalia Shipyard Sale Resumes at EUR 184 Million Going Concern Price
6, July 2026
Mangalia shipyard’s bankruptcy manager will reopen the Romanian yard’s sale on 29 July 2026 at EUR 184 million, with creditors including Damen seeking a single-package asset sale.
Greece, US, and South Korea Back €1.35 Billion Elefsina Shipbuilding Expansion
3, June 2026
Project Trident will invest €1.35 billion in Elefsina Shipyards, with ONEX and Hanwha Ocean working to build a major Mediterranean shipbuilding and naval support hub.
Rheinmetall Eyes German Naval Yards Takeover
8, May 2026
Rheinmetall is advancing its naval shipbuilding expansion with a non-binding offer for German Naval Yards, setting up competition with TKMS as European defense spending rises.
Samsung Heavy, GD NASSCO Discuss NGLS Cooperation
16, April 2026
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.
HD Hyundai Heavy Industries Showcases Naval Capability to 25-Nation Delegation
1, April 2026
HD Hyundai Heavy Industries welcomed 30 defense attachés from 25 countries to its Ulsan yard, where the delegation reviewed naval construction and support capabilities.
