VARD Adds Floating Dock Capacity
12, May 2026
VARD will add a new floating dock at Vard Langsten to strengthen newbuilding, conversion and service capacity, with completion targeted for Q3 2027.
Shipbuilding
DFO Launches Orient Inspirer
11, May 2026
Dong Fang Offshore has launched Orient Inspirer, which is scheduled for delivery and fleet entry in the fourth quarter of 2026.
China Strengthens Shipbuilding Dominance as Korea Narrows Focus
6, May 2026
China is expanding its shipbuilding lead as Korean yards focus on LNG and LPG carriers, while the China-built Glovis Leader highlights pressure on Korea’s standard vessel sectors.
Samsung Heavy Wins FSRU Order in Asia
5, May 2026
Samsung Heavy Industries has secured a KRW 484.8 billion LNG FSRU order from an Asian shipowner as demand for energy infrastructure rises.
Austal Wins A$150.3 Million Patrol Boat Contract
4, May 2026
Austal has secured an A$150.3 million contract extension to build two additional Evolved Cape-class patrol boats for the Australian Border Force.
Unfinished Vigo Ferry Still Without Buyer After Three Years
4, May 2026
An unfinished ferry moored in Vigo remains unsold three years after arrival, despite multiple inspections and market interest from European operators.
US Navy Reviews Asian Shipbuilding
4, May 2026
The US Navy is reviewing whether shipyards in South Korea and Japan could help support future warship design and production.
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.
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.
