Shipyards

HD Hyundai Heavy Industries, the world’s largest shipbuilder, announced plans to merge with its affiliate HD Hyundai Mipo. This strategic move aims to capitalize on the growing U.S. shipbuilding market, …

Drydocks World awarded contract to build the world’s largest Floating LNG facility off Mexico for AMIGO LNG, set to boost global energy supply.

HD Hyundai is significantly expanding its shipbuilding operations in Vietnam through strategic acquisitions and substantial capacity investments. This move aims to bolster its competitive edge against Chinese shipbuilders and meet …

Shanghai unveils an ambitious plan to transform Changxing Island into a global shipbuilding powerhouse by 2027, focusing on high-value vessels and technological breakthroughs.

Explore the challenges facing the Japanese shipbuilding industry in 2025, including global competition, labor shortages, and rising costs. Discover how Japan responds with innovation, green technology, and strategic reforms.

Tsuneishi Shipbuilding has fully acquired its joint venture with Mitsui E&S, rebranding it as Tsuneishi Solutions Tokyobay. This move marks a strategic step in Japan’s maritime consolidation, focusing on innovation, …

Elefsis Shipyard in Greece signed an agreement with BV for the cooperation on the construction of 20 tugs.

June 2025 – As the maritime industry accelerates its transition toward cleaner energy, Hanwha is emerging as a key innovator by advancing Energy Storage Systems (ESS) and hydrogen fuel cell technologies. These cutting-edge solutions are poised …

Canadian shipbuilding giant Davie is poised to acquire Texas shipyards from Gulf Copper & Manufacturing. This strategic move aims to secure lucrative U.S. icebreaker contracts. The acquisition is expected to …

Turkey’s shipbuilding industry, once a global leader in specialized vessels, is experiencing a significant downturn. Exports have plummeted due to escalating production costs, difficulties in securing financing, and heightened global …