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HD HHI launches 2nd Philippine corvette

HD Hyundai Heavy Industries has successfully launched the second 3,200-ton patrol vessel, "Diego Silang," for the Philippine Navy in Ulsan. This follows the launch of the first vessel, "Miguel Malvar," in June last y..

News > Shipbuilding > 2025-03-27 19:19:21

SHI nears commercialization of FLNG key equipment

Samsung Heavy Industries (SHI) is set to apply its independently developed natural gas liquefaction system, ‘SENSE IV,’ to an actual Floating Liquefied Natural Gas (FLNG) facility in the near future. According to industry..

News > Shipbuilding > 2025-03-27 17:31:24

India advances ‘Mega’ shipbuilding initiative

In a concerted effort to bolster its domestic shipbuilding and maritime industries, India has unveiled yet another large-scale initiative. As per international reports, the Ministry of Ports, Shipping & Waterways (MoPSW) recently..

News > Shipbuilding > 2025-03-27 16:50:54

K Shipbuilding turns around in 2024

K Shipbuilding, a mid-sized shipyard in South Korea, revealed its 2024 business results on March 27. The company logged revenue of KRW 934.7bn (about USD 637m), operating profit of KRW 11.1bn and net profit of KRW 42.5bn last year. C..

News > Shipbuilding > 2025-03-27 15:15:31

LNG leads alternative fuel market

As the shipping industry accelerates its transition towards greener practices against a backdrop of strengthening sea environmental regulation, LNG has emerged as a leading alternative to conventional marine fuels, adopted by an increas..

News > Shipbuilding > 2025-03-27 14:44:22

Canada govt invests in 'Cedar' project

Governmental fund is to be injected in 'Cedar' LNG in which Canadian energy provider Pembina Pipeline invests together with its compatriot Haisla Nation. This is also good news for South Korean shipbuilding heavyweight Samsung H..

News > Offshore > 2025-03-27 14:03:37

Shipbuilding Industry Enters a Golden Age

The shipbuilding industry is currently experiencing an unprecedented boom, presenting a crucial opportunity to actively leverage this period to establish a future-oriented business portfolio. In the past, the shipbuilding industry sa..

News > Shipbuilding > 2025-03-27 13:29:10

Korean Shipbuilders to win orders for mega tankers

As the U.S. Donald Trump administration's sanctions on China gradually strengthen, global shipping companies are turning to the Korean shipbuilding industry, orders for ultra-large tankers and container ships in addition to high-val..

News > Shipbuilding > 2025-03-27 10:48:48

Trelleborg to provide navigation system for HD HHI

Trelleborg Marine and Infrastructure has secured a contract with HD Hyundai Heavy Industries (HD HHI) headquartered in South Korea to deliver its advanced SafePilot P3 navigation systems for 71 vessels. This agreement underscores the sy..

News > Equipment > 2025-03-27 09:46:34

Cadeler takes delivery of new WTIV

Cadeler announced on March 26 that the company took delivery of its latest jack-up wind turbine installation vessel, Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion. Delivered safely, o..

News > Offshore > 2025-03-27 09:16:04