Seatrium Wins FSRU Conversion Contract From Karpowership
9, March 2026
Seatrium has won a new FSRU conversion contract from Karpowership, with work on LNGT Karadeniz scheduled to begin in the third quarter of 2026.
shipyard
Mangalia Yard Operator Launches Search for Strategic Investor
5, March 2026
Mangalia’s shipyard operator will run an international tender to find a strategic investor under CITR’s restructuring plan, aiming to sustain operations, retain staff, and secure required investments.
Authorities Raid Hanwha Ocean After Fatal Shipyard Collapse
29, November 2025
Authorities raided Hanwha Ocean after a subcontractor died in a platform collapse at the Geoje shipyard. More than 40 officials entered company and subcontractor sites as police and the labor ministry review negligence and serious accident law violations.
PAC LIBRA Named as PaxOcean Delivers New 40,000-DWT Vessel
21, November 2025
PaxOcean Zhoushan has named PAC LIBRA, the first 40,000-DWT multi-purpose vessel jointly developed with PCL, featuring heavy-lift equipment and upgraded cargo-handling systems.
