HD Hyundai is advancing plans for a 2.5 million GT shipyard in Thoothukudi, India, as it seeks an overseas production base for tankers and bulk carriers.
Partner Stocznia has contracted Vuyk Engineering to design a 3,000 m³ TSHD intended for maintenance work and support duties on dredging projects.
Dajin Heavy Industry is expanding its KING and EMPEROR heavy transport fleet while holding 24 commercial ship orders valued at approximately RMB 12 billion.
Chinese shipbuilders and European shipowners called for closer cooperation on vessel development, alternative fuels and digitalisation at the China-Europe Maritime Summit at SMM 2026.
HII is targeting a 15% increase in shipyard throughput in 2026, with more than two million outsourced work hours planned as it expands U.S. shipbuilding capacity.
COSCO has rejected allegations that its vessels carry concealed equipment capable of intercepting military communications near North America, Europe and Asia.
Samsung Heavy Industries plans to expand its Busan R&D Center with a KRW 8.6 billion investment as engineering work increases for the Delfin FLNG project.
Kang Duk-soo, who built the former STX group, is returning to shipbuilding through D-Ocean Asset Management’s KRW 410 billion acquisition of control in SK Oceanplant.
China secured 52 of 90 LNG carrier orders in H1 2026, compared with South Korea’s 37, as Chinese yards expanded their share of the high-value shipbuilding segment.
