A subcontractor died in an equipment accident at HD Hyundai Heavy Industries’ Gunsan Shipyard. Authorities are investigating the incident, while panel factory assembly lines remain suspended.
Modules weighing around 5,000 tonnes each have been installed on the 45,000-tonne Tlaloc FPU under construction in South Korea for the Trion project.
Hanwha Ocean has started construction of the 390 MW Shinan Ui Offshore Wind Project in South Korea as developer and lead EPC contractor.
Korea Midland Power has closed financing for the 390MW Shinan-Wi offshore wind project, which will install 26 turbines and South Korea’s first commercial offshore substation.
EEW Group will expand its EEW KHPC facility in Gwangyang, South Korea, raising offshore wind foundation production capacity to more than 200,000 tonnes annually from the second half of 2027.
South Korea awarded 1,786 MW across five offshore wind projects in its first-half 2026 auction. Copenhagen Infrastructure Partners secured more than 1 GW through the Haesong 3 and Haewoori 2 projects.
A KHNP-led consortium has been named preferred bidder for Jeonbuk State’s 800 MW offshore wind project, the first phase of a planned 2.4 GW development off Buan County.
J Ocean Heavy Industries has signed an LOI to build four 114,000-ton tankers for Oceania shipowners while progressing with the acquisition of Gunsan Shipyard.
HD Hyundai Heavy Industries has agreed to sell its Gunsan shipyard to J Ocean Heavy Industries for KRW 780 billion as part of its non-core asset disposal plan.
