Seatrium has secured its ninth FSRU conversion for Karpowership, with Arctic Voyager set to become LNGT Akdeniz for Kinetics and delivery targeted for Q3 2028.
Samsung Heavy Industries has concluded its 2026 wage talks with a 5.2% base-pay increase, KRW 7 million in incentives and a revised performance bonus formula.
Synergy Marine Group and Cochin Shipyard have signed an MoU covering potential newbuilding, ship repair, conversion, module fabrication and oil and gas projects in India.
Drydocks World and Cochin Shipyard Limited have formed a 50:50 joint venture to operate and expand the International Ship Repair Facility in Cochin, India.
Hengli Heavy Industries received 207 vessel orders in the first half of 2026, with its backlog reaching about 380 ships through 2030 and production running at about seven ships per month.
Namura Shipbuilding is advancing plans for a new large construction dock as Japan targets 18 million gt of annual shipbuilding capacity by 2035.
Hanwha Ocean and Fincantieri shares rose after a Trump directive created a pathway for qualified foreign shipbuilders to construct certain US Navy vessels at overseas yards.
Guangzhou Shipyard International developed Linghangzhe, the offshore platform used in China’s first controlled sea-based recovery of an orbital-class rocket booster.
A dry cargo vessel caught fire while undergoing maintenance at a shipyard in Tuzla, Türkiye. The engine room blaze was extinguished within an hour, with no injuries reported and an investigation now underway.
