News

HD KSOE expanding capacity in Philippines

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is increasing its overseas capacity to address growing newbuild demand driven by U.S. sanctions on China. According to industry sources and TradeWinds, HD KSOE is enhancing i..

News > Shipbuilding > 2025-04-03 17:33:00

Petrobras initiates FPSO bidding process

Brazil’s state-owned oil company, Petrobras, has launched a bidding process to acquire a new Floating Production, Storage, and Offloading (FPSO) unit. According to industry sources, the company aims to secure an FPSO for deploy..

News > Offshore > 2025-04-03 17:09:56

HD KSOE bags LNG carrier

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on April 3 that the South Korean giant shipbuilder won one LNG carrier from an Asian shipowner. The value of the vessels stands at KRW 385.3bn (approximately $263m)..

News > Shipbuilding > 2025-04-03 16:46:32

Alternative-fuelled ship order solid in Mar

It turned out that 71 vessels which can run on alternative fuel were ordered for the first quarter of the year, down by 13% year-on-year. DNV has recently revealed the data, explaining that such a decline is driven by the overall lac..

News > Shipbuilding > 2025-04-03 16:35:06

Korean shipyards observe Trump’s bullying tariffs

The Trump administration announced on April 2 that it will impose a basic 10% tariff on all imported goods entering the U.S., and additionally impose reciprocal tariffs on major countries. It has also decided to impose a 25% reciprocal ..

News > Shipbuilding > 2025-04-03 15:25:11

HD Hyundai Heavy Industries Raises Credit Rating to A+

HD Hyundai Heavy Industries' effective credit rating has risen to A+. This is a boon for HD Hyundai Group, as it has now raised the rating of its heavy industries division following its holding company, thanks to profitability and ..

News > Shipbuilding > 2025-04-03 12:05:05

Stena Line develops new concept vessel

Stena Line has recently revealed its latest concept for the new generation of vessel 'Stena Futuro', a 240-meter-long RoRo vessel intended for transporting semi-trailers and cars. “The mission is to develop the most eff..

News > Shipbuilding > 2025-04-03 09:46:17

KM provides equipment for new OSV

Kongsberg Maritime (KM) announced on April 2 that it has secured a contract to supply an integrated package of equipment for a new Offshore Support Vessel (OSV) being built for ship owner DOF. The new 110 metre OSV, with a capacity t..

News > Equipment > 2025-04-03 09:38:13

MARIN runs ABB Dynafin test successfully

Globally recognized maritime research institute MARIN has verified that efficiency levels modeled for ABB Dynafin™ propulsion concept will convert to real-world ship performance gains, following tests at its Concept Basin in the N..

News > Equipment > 2025-04-03 09:22:10

Alfa Laval takes over NRG Marine

Alfa Laval has completed the acquisition of UK-based NRG Marine, a leading provider of ultrasonic anti-fouling technology for marine, oil-and-gas and industrial applications. This strategic move strengthens Alfa Laval’s capabiliti..

News > Equipment > 2025-04-03 09:06:30