COSCO expands $1.7b shipbuilding program amid U.S. port fee measures
4, November 2025
COSCO orders 29 new ships worth $1.7b amid U.S. port fee measures, expanding its green fleet and advancing China’s maritime goals.
Shipbuilding
India Targets Top 5 Global Shipbuilding Rank by 2047
29, October 2025
India sets a national goal to rank among the top five global shipbuilding nations by 2047 through major maritime investment and green cooperation.
EU Reaffirms Drive for Digital and Green Transformation in Shipping and Shipbuilding
29, October 2025
The European Council has reaffirmed its commitment to digitalisation and decarbonisation across Europe’s maritime and shipbuilding industries, backed by Horizon Europe and the new European Competitiveness Fund.
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.
SBM Offshore Expands Fast4Ward Program with New Hull Agreement at COSCO
22, October 2025
SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.
HMM Launches $2.5 Billion Green Fleet Order to Accelerate Maritime Decarbonization
20, October 2025
HMM has committed ₩3.45 trillion to order 14 new LNG-powered vessels, marking a strategic leap toward green shipping and fleet modernization.
HD Hyundai Launches Third-Generation Leadership as Chung Ki-sun Becomes Chairman
17, October 2025
HD Hyundai has appointed Chung Ki-sun as its new Chairman, signaling the start of a third-generation leadership era at the global industrial group.
South Korea’s Shipyards Unfazed by China’s Sanctions Against Hanwha Ocean
15, October 2025
China has imposed sanctions on Hanwha Ocean’s U.S. subsidiaries, but South Korea’s shipbuilding industry remains largely unaffected, emphasizing its resilience through high-value, technology-driven specialization.
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.
