
Seatrium Accelerates Asset Sales to Cut Costs
Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

Unions in South Korea are pressing major shipyards to extend proportional performance bonuses to outsourced workers, citing widening pay gaps despite strong yard results.

Japan is committing ¥350 billion over 10 years to revitalise shipbuilding, aiming for 18m GT capacity and a 20% global share by 2035 through state funding, coordinated industry support and US cooperation.

ABS and Persona AI have signed an MOU to introduce humanoid robotics to shipyards, aiming to boost safety, efficiency, and innovation in shipbuilding.
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