Mare Island Dry Dock filed for bankruptcy on 14 February to reorganize while pursuing a sale or partnership, after losing the USCG Healy maintenance contract and reducing staffing in December.
PaxOcean has opened its 5 Jalan Samulun shipyard in Singapore, adding graving docks, workshops and an innovation hub while advancing R&D and sustainability initiatives.
Samsung Heavy Industries and QSTS signed an agreement in Doha to start with retrofits and after-market services while reviewing decarbonization, energy-saving systems and onboard carbon-capture options.
Korean shipyards are shifting focus from price-pressured newbuilding to U.S. Navy ship MRO, seeking MSRA status to work on complex naval vessels and secure steadier long-term maintenance revenue.
TSUNEISHI KURE DOCKYARD has completed renewal work on its No.2 Floating Dock at Wakaba Works, upgrading crane capability, visibility and safety features to ensure reliable repair operations from November 2025.
A deadly fire at ASL Marine’s Batam shipyard killed 13 workers and injured 18. All work on the tanker was suspended as the company began a safety review.
Greece strengthens its commitment to shipbuilding and island investment, upgrading ONEX Shipyards Syros under its Strategic Investment Framework.
A deadly shipyard accident in Tuzla, Istanbul has reignited debate over maritime safety and operational standards in Turkey’s ship repair sector.
HD Hyundai Heavy Industries has launched its first U.S. Navy vessel overhaul project in Ulsan, signaling deeper defense and shipbuilding cooperation between South Korea and the United States.
