U.S. Cargo Demand Builds Capacity Abroad
1, May 2026
U.S. cargo demand continues to support global shipping capacity, but much of the resulting shipbuilding strength is accumulating overseas.
Shipbuilding
CSSC Offshore and Marine Engineering Q1 Profit Surges on Shipbuilding Gains
30, April 2026
CSSC Offshore and Marine Engineering (COMEC) reported strong Q1 2026 results, with revenue rising 56.1% and profit more than doubling, supported by improved efficiency and shipbuilding milestone payments.
VARD Launches First Windward Offshore CSOV
28, April 2026
VARD has launched the first CSOV for Windward Offshore, featuring battery-hybrid propulsion and green methanol readiness for offshore wind operations.
Hanwha Shipbuilder Deal Faces Longer FTC Limits
28, April 2026
South Korea’s antitrust regulator extended corrective measures on Hanwha’s shipbuilder acquisition until 2029, citing remaining competition risks.
HD Hyundai Pushes Digital Shipbuilding
24, April 2026
HD Hyundai is advancing digital twins, autonomous navigation and AI robotics to improve shipbuilding productivity and shipyard efficiency.
Haitong Places New Heavy-Lift Vessel Order
23, April 2026
Haitong International Shipping has ordered four 62,000 DWT multi-purpose heavy-lift vessels at Taizhou Kouan Shipbuilding, with total investment capped at RMB 1.2 billion.
F&G Receives DNV Approval for WindSetter 146 WTIV
22, April 2026
Friede & Goldman (F&G) received DNV Main Scantling Approval for its WindSetter 146 WTIV design, allowing the project to move toward contract and construction.
Dajin Launches KING TWO Deck Carrier
20, April 2026
Dajin Heavy Industry launched the 40,000 DWT deck carrier KING TWO at Panjin, expanding capacity for offshore wind transport and integrated marine services.
Hull Assembly Starts for Asso.subsea Cable Layer Althea
14, April 2026
Asso.subsea’s new cable-laying vessel Althea has entered hull assembly at CMHI in Shenzhen, with delivery of the 12,000-tonne-capacity vessel expected next year.
