A subcontractor died in an equipment accident at HD Hyundai Heavy Industries’ Gunsan Shipyard. Authorities are investigating the incident, while panel factory assembly lines remain suspended.
Sea1 Offshore has launched Sea1 Diamond, the first of four 120 m Offshore Energy Support Vessels being built by COSCO Shipping for delivery from 2027.
Bangladesh has approved the $1 billion Matarbari Green Dockyard proposal in principle and sent it for technical and financial appraisal.
Chinese shipyards doubled new order volume in the first half of 2026, securing 1,131 vessels and about 72% of global market share, according to Clarksons.
CY Shipping and BigLift Shipping have christened CY Frontier, the first of four BC-Class Heavy Transport Vessels designed for offshore, energy and industrial module transport.
HD Korea Shipbuilding & Offshore Engineering has signed an 885 billion won contract for one FSRU and one LNG carrier, with delivery scheduled by the first half of 2029.
COSCO Shipping Energy Transportation, Shell and Jiangnan Shipyard have signed a construction agreement for four 175,000 cu metres LNG carriers to serve Shell under long-term charter agreements.
J Ocean Heavy Industries has signed an LOI to build four 114,000-ton tankers for Oceania shipowners while progressing with the acquisition of Gunsan Shipyard.
SBM Offshore has awarded SWS and CSTC a contract to construct the seventh Fast4Ward® Multi-Purpose Floater. The FPSO hull will offer storage capacity of up to 2.3 million barrels and accommodation for up to 240 personnel.
