VARD and NORCE sign an MoU to deepen maritime and subsea R&D, spanning naval standard vessels, offshore charging analysis, fuel metering upgrades, and the 2026 MARINER 1 MW PEM work.
Fincantieri sets a 2030 plan that increases exposure to defense, underwater systems, and specialized vessels while keeping cruise central, targeting 40% revenue growth and €500 million net profit.
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November global new ship orders totalled 5.13 million CGT, up 72% month-on-month but slightly below last year, while China kept a 50% monthly share and 59% of year-to-date contracting.
HD Hyundai Group has confirmed a new order for one LNG carrier from “Asian shipowners”, with HD KSOE reporting that the deal lifts the group to 91.5% of its $18.05 billion annual order goal.
Japan’s major carriers—NYK, MOL, and “K” Line—are set to invest in MILES to standardize LCO2 carrier and new fuel ship designs. This unprecedented collaboration between shippers and yards aims to boost productivity and global competitiveness.
Korea has secured a Category A seat on the IMO Council for the 13th consecutive term at the organization’s 34th general meeting in London, reaffirming its position in global shipping and shipbuilding governance.
Inchcape opened a Geoje office, expanding its Korean network to three locations and supporting offshore, naval and shipbuilding projects across 23 ports.
Windcat and Damen launched the Innovation Series MP-ASVs, combining large-deck capability, subsea crane operations and low-emission systems, with construction beginning in 2026 and delivery in 2028.
Hanwha Group has raised 1 trillion won to expand its presence in the U.S. maritime and defense industries, with a major focus on shipbuilding and potential acquisitions of local shipyards.
