Shipbuilding

AiP granted for world’s 1st dual-use LCO2 and methanol carrier

Mitsui O.S.K. Lines, Ltd. (MOL) and Mitsubishi Shipbuilding Co., Ltd., a member of the Mitsubishi Heavy Industries (MHI) Group, have received Approval in Principle (AiP) from ClassNK for the design of a pioneering maritime vessel capabl..

News > Shipbuilding > 2025-06-30 16:27:15

CSSC-CSIC merger nears completion

The merger process between China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC), two leading companies representing China's shipbuilding industry, is entering its final stages. On June 27..

News > Shipbuilding > 2025-06-30 14:58:44

Mazagon dock shipbuilders to acquire majority stake in Sri Lanka's Colombo Dockyard

Mazagon Dock Shipbuilders Limited (MDL), a Government of India-owned defense shipyard based in Mumbai, has announced plans to acquire a controlling stake in Colombo Dockyard PLC (CDPLC), Sri Lanka’s largest shipbuilding and repair..

News > Shipbuilding > 2025-06-30 14:50:56

China’s BSIC expands into cruise ship repairs

Qingdao Beihai Shipbuilding Heavy Industry (BSIC), part of China State Shipbuilding Corporation (CSSC), has entered the luxury cruise ship repair market with its first routine docking project on the Dream. The shipyard began the repa..

News > Shipbuilding > 2025-06-30 11:00:03

SHI expected to post solid business results in 2Q

South Korean shipbuilding tycoon Samsung Heavy Industries is expected to post solid business results in the second quarter of 2025, supported by its strategic focus on high-value-added offshore plants and eco-friendly ships. Accordin..

News > Shipbuilding > 2025-06-30 10:56:42

South Korea, China & Japan Embark on Divergent Shipbuilding Reform Paths

Japan’s Imabari makes JMU a subsidiary—building a ‘national champion’ yard Korea’s Big Three diversify into defense, SMRs, and ship repair China consolidates into a mega-group, dominating global output A..

News > Shipbuilding > 2025-06-30 09:06:28

Korean Shipbuilders Push Wind-Assisted Propulsion Forward

HD Hyundai, Hanwha Ocean, and Samsung Heavy Industries dive into hybrid wind tech As IMO zero-emission targets tighten, rotor sails, wing sails, and kites gain traction Up to 14% fuel savings and 5,000 tons CO₂ reduction per vessel ..

News > Shipbuilding > 2025-06-30 08:57:34

“A Setback or a Stepping Stone?”

HD Hyundai & Hanwha Ocean Miss First U.S. Navy MRO Bid — But Bigger Battles Await MSC 7th Fleet MRO contract awarded to Singapore firm Price-focused open competition puts Korean yards at disadvantage $15B+ high-margin mar..

News > Shipbuilding > 2025-06-30 08:48:26

Korean Government Designates Shipbuilding as a 'Special Employment Support Industry'

On June 24, 2025, the Lee Jae-myung administration designated the shipbuilding industry as a Special Employment Support Industry for one year (from July 1, 2025, to June 30, 2026), through a resolution of the Employment Policy Deliberat..

News > Shipbuilding > 2025-06-30 08:43:30

Newbuilding Prices Rise for 4th Straight Week

Clarksons Newbuilding Price Index at 187.11pt, up 0.12% from last week Fourth consecutive weekly increase, driven by bulkers and LNG carriers VLCC and LNG prices slightly up, MR tankers and containerships remain strong Dock slot comp..

News > Shipbuilding > 2025-06-30 08:21:15