Update: Dajin Heavy Industry Launches Its First Self-Built Heavy Deck Carrier “KING ONE”
11, October 2025
The 40,000-ton deck transport vessel “KING ONE,” built by Dajin Heavy Industry, entered service on October 10, 2025.
Shipbuilding
Maersk Offshore Wind Cancels $475M WTIV Contract with Seatrium Amid Completion Phase
10, October 2025
Maersk Offshore Wind has terminated its $475 million Wind Turbine Installation Vessel (WTIV) construction contract with Singapore’s Seatrium. The move comes as the vessel nears completion, triggering commercial and legal implications for both companies.
China Introduces Reciprocal Port Charges on U.S.-Linked Vessels Starting October 14, 2025
10, October 2025
China will impose new Special Port Dues on U.S.-linked vessels from October 14, 2025, as part of a reciprocal response to U.S. maritime sanctions.
HS Schiffahrts Group and Mare Trust Launch $300 Million Multi-Purpose Vessel Newbuilding Program in China
9, October 2025
Germany’s HS Schiffahrts Group and Mare Trust have confirmed firm orders for four 12,500 DWT multi-purpose vessels in China, with options for six more, marking a $300 million investment in next-generation heavy-lift tonnage.
Retired U.S. Navy Rear Admiral to Lead Hanwha’s U.S. Shipbuilding Arm
8, October 2025
Hanwha strengthens its position in the U.S. shipbuilding industry by appointing retired Rear Admiral Tom Anderson as President of its U.S. Shipbuilding Division.
Hanwha Ocean Achieves World-First LNG Ship-to-Ship Transfer During Sea Trials
7, October 2025
Hanwha Ocean has achieved a global first by completing an LNG ship-to-ship transfer during sea trials, demonstrating cutting-edge innovation in maritime LNG technology.
Seatrium Begins Steel Cutting for Penta-Ocean’s 5,000-Ton Crane Heavy Lift Vessel
4, October 2025
Seatrium has started steel cutting for Penta-Ocean’s 5,000-ton crane Heavy Lift Vessel, part of Japan’s offshore wind expansion strategy.
Yangzijiang Cancels US$180m Tanker Contracts Over Sanctions Concerns
29, September 2025
Yangzijiang Shipbuilding has terminated US$180 million in MR oil tanker contracts after new disclosures linked the buyer’s shareholder to alleged U.S. sanctions evasion.
Yinson Production Secures Key Classification Approval for FPSO Hull Design
19, September 2025
Yinson Production has secured ABS approval for its Meridian purpose-built FPSO hull design, strengthening its position in the offshore oil and gas sector.
