HD Hyundai Heavy Industries and Hanwha Ocean are set to compete for the U.S. Navy'sMaintenance, Repair, and Overhaul(MRO) contracts. While they recently agreed to collaborate as a unified 'K-Shipbuilding' team for internatio..
Recently, orders for containerships worth KRW trillions have been increasing, and shipbuilders are closely monitoring the order trend. While freight rates have been declining, leading to expectations of a decrease in containership order..
AP Moller-Maersk is contacting Chinese shipbuilding industry for the construction of additional LNG dual-fueled containerships. The Danish liner giant has recently been in talks with at least three Chinese shipyards to build up to 1..
A booming in global newbuilding market is likely to continue in the long run. According to HSBC Global Research, shipyards' new order intakes have been slowed down in the short term against a backdrop of a lack of available yard ..
Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has won an international tender from International Maritime Industries (IMI), the largest shipyard in the MENA region, for the supply of equipment ..
ABB has secured orders from shipbuilders in China and South Korea to equip 18 and 12 liquified natural gas (LNG) carriers respectively with permanent magnet shaft generator technology. The ships are due for delivery between 2028 and 203..
Eidesvik Offshore has recently revealed a project for the construction of a new state-of-the-art Construction Support Vessel (CSV) for subsea and offshore renewables operations. The vessel will be built through a strategic partnership b..
GTT announced on February 20 that it has received, during the first quarter of 2025, an order from its Korean partner HD Hyundai Heavy Industries to design the cryogenic fuel tanks for 12 new LNG-fuelled container vessels on behalf of a..
Pacific International Lines (PIL) received delivery of its third 14,000 TEU LNG dual-fuel container vessel on February 20. The vessel was named “Kota Ebony” at a ceremony held at the shipyard in Shanghai by Mrs Giselle Ka..
Navigator Gas, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced on February 19 that it completed the acquisition of the first of three vessels, as previously announced on January 7..
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