HD Hyundai reserves Mipo dock slots for eight gas carriers
The drydock program dedicates Ulsan berths to 1.42 trillion won in gas vessels, shifting medium-tonnage berths away from container feeder construction through 2030.
Shipbuilding & Defense
RSSYards, order books, naval programs and the defense-industrial partnerships forming across the region.
HD Hyundai Heavy Industries secures offshore substation deal in Taean
The 500-megawatt turnkey contract for the Taean wind project expands the shipbuilder's offshore fabrication yard into renewable…
Won rebound splits Korean shipbuilders on currency hedging
Samsung Heavy locked in revenue at 100% coverage, while Hanwha Ocean faces an 89.8 billion won profit hit as unhedged exposure…
HD Hyundai Heavy Industries faces delivery risks after wage rejection
Union members voted down a record compensation package, threatening dock operations and liquefied natural gas carrier delivery…
Mitsubishi Heavy buys shipyard land in Shimonoseki buildout
The 100 billion yen investment will construct a hull-block factory backed by 40 billion yen in Japanese economic security…
Samsung Heavy orders GTT tank designs for four LNG ships
The contract equips four 200,000-cubic-meter vessels delivering in 2029 with Mark III Flex+ containment systems, locking South…
J.P. Morgan adds two Samsung Heavy VLGCs to expand gas fleetMembers
The 307.4 billion won deal pushes the Korean shipyard past its annual commercial target and tightens Geoje berth availability for…
Bell Textron scouts 17 South Korean suppliers for rotorcraft lines
The US helicopter maker completed procurement reviews with South Korean machining firms to diversify manufacturing for global…
Hanwha Ocean Procures 1,800-Ton Goliath Crane as RIEC Starts Build
The Chinese equipment builder broke ground on the 205-meter-span gantry crane to double mega-block lifting capacity at the Okpo…
Pentagon ends Chinese mineral waivers before 2027 deadline
The phaseout forces Korean and Japanese naval contractors to trace all neodymium magnets down to the mine under DFARS…
Samsung Heavy secures $494 million deal for two LNG carriers by 2029Members
The 672.2 billion won contract brings the shipbuilder's 2026 commercial backlog to $8 billion, exhausting high-value delivery…
Hanwha Ocean Loses Court Injunction Over Subcontractor Talks
The shipbuilder posted notices listing two supplier unions at its Geoje yard after judges rejected its petition to block labor…
Imabari Shipbuilding wins two Aframax tankers from Carlova by 2030
The Greek shipowner reserved delivery slots in late 2029 and 2030, turning to Japanese yard capacity as South Korean builders…
HD Hyundai Heavy union votes down wage deal, reopening talksMembers
More than 52% of voting shipbuilders opposed the agreement over base wages, threatening production schedules across three years…
HD Hyundai Heavy wins 500 MW Taean offshore substation deal
The full engineering and fabrication deal marks South Korea's first internationally certified offshore wind substation as…
Mitsubishi Heavy buys Shimonoseki site in $638M yard plan
The group signed a contract on Oct. 2 to acquire 14.5 hectares for a new hull block plant, backed by up to 40 billion yen in…
China Merchants Energy Shipping seals $2.8B Simandou VLOC transport contract
The 25-year freight commitment for Guinea iron ore deploys six newbuild carriers to anchor Chinese sovereign bulk logistics from…
Hanwha Ocean takes legal action after Geoje crane sit-in
The shipbuilder rejected joint bargaining with catering subcontractors under Korea's amended labor law, escalating risks for…
Mazagon Dock drops Thoothukudi yard as HD Hyundai wins site
The state-run Indian warship builder pivoted to Andhra Pradesh with a $1.8 billion outlay after Tamil Nadu cleared land for the…
Hanwha Ocean Wins ABS Approval for 60 MW Floating Data Unit
The classification society certified the modular offshore design on Sept.
Vulcan Elements wins US Army drone permanent magnet contract
The award supplies neodymium-iron-boron magnets for motors in the SkyFoundry program, which targets one million small unmanned…
Samsung Heavy Industries wins $226 million gas carrier order
The 307.4 billion won deal for two very large gas carriers lifts the yard's 2026 merchant vessel order intake to $7.5 billion,…
HD Hyundai Heavy launches 8,200-ton Aegis destroyer in Ulsan
The Daeho Kim Jong-seo completes South Korea's planned six-ship Aegis destroyer fleet, with shipbuilder HD Hyundai Heavy…
HD Hyundai deploys physical AI in Ulsan shipyard automation
The shipbuilder joined South Korea's national physical AI alliance and backed sensor startup AIDIN Robotics to automate heavy…