HD Hyundai and Hanwha win China dual-fuel engine contracts
South Korean engine builders took over 65% of their 2026 order value from Chinese shipyards, securing high-margin propulsion sales as global dual-fuel emission mandates tighten.
Shipbuilding & Defense
RSSYards, order books, naval programs and the defense-industrial partnerships forming across the region.
Hanwha Ocean wins $500 million LNG carrier deal from Zodiac
The two-vessel contract lifts the shipbuilder's September intake to 2.89 trillion won, marking a pivot by independent non-energy…
HD Hyundai books $243 million order for two Ro-Ro vessels
The contract with Luxembourg-based CLdN secures shipyard berths through late 2029 while accelerating dual-fuel fleet renewal…
NYK Names Hyundai Samho LNG Carrier for Cameron Export Trade
The 174,000-cubic-meter Diamond Gas Nexus will transport American fuel under charter to Mitsubishi subsidiary Diamond Global…
HD Hyundai Samho builds three-tank LNG carriers for BW LNGMembers
The 176,800-cubic-meter design adds 2,800 cubic meters of capacity and trims daily boil-off by 6% while using standard terminal…
Samsung Heavy clears wage deal as strike risks hit rivals
South Korea's top shipbuilders face diverging slot risks as Samsung Heavy finalizes a 5.2% wage increase while HD Hyundai and…
Korean shipbuilders localize Arctic ice design software
The Big Three shipyards join state-backed software and 3D printing projects to cut reliance on overseas polar engineering as…
HD Hyundai develops 150,000 cbm ultra-large ethane carrier
The South Korean shipbuilder partnered with GTT and Lloyd's Register to apply Mark III Slim tanks for growing seaborne ethane…
Hormuz Tanker Transits Plunge as Freight Costs Spike
Reuters counted just nine vessels transiting the Strait of Hormuz on Sept.
HD Hyundai and Hanwha Ocean split naval platforms for export
Shipbuilders pursue specialized foreign bids after Hanwha Ocean locked in a 7.8 trillion won destroyer contract and HD Hyundai…
HD Hyundai and KR launch 3D ship design approval system in Ulsan
The initiative eliminates redundant two-dimensional drafting from vessel certification, linking digital models directly to…
Hanwha Ocean bids against Chinese yards for Maersk mega-shipsMembers
The Danish carrier confirmed 26 dual-fuel vessels while seeking up to 42 ships worth $8.9 billion, testing South Korean delivery…
HD Korea Shipbuilding advances $4B shipyard project in India
The South Korean shipbuilder completed site surveys in Tamil Nadu to build a greenfield mega-yard with an annual capacity of 2.5…
Hanwha Ocean Wins $508 Million Thai Stealth Frigate Program
The South Korean shipbuilder beat five international yards to secure the 16.73 billion baht naval contract, positioning the yard…
HD Hyundai secures ClassNK design approval for 35,000 cbm ammonia carrier
The midsize liquefied gas carrier design complies with ClassNK structural rules and clears regulatory docking requirements for…
HD Hyundai Heavy union rejects pay deal, readies full strike
The shipbuilder faces an all-out walkout after workers rejected an annual compensation package worth 40 million won, threatening…
Hanwha Ocean wins ABS approval for ammonia-ready LNG tanks
The design eliminates costly drydock structural retrofits for 174,000-cubic-meter gas carriers, allowing operators to switch to…
Pentagon Inspects Hanwha Ocean Docks for US Frigate Programs
A senior defense official visited the Geoje shipyard on Sept. 16 under a White House rule allowing foreign-built hulls for…
HD Hyundai Samho and ClassNK Partner on Autonomous LNG Ships
The joint development project applies Avikus autonomous navigation software to a 180,000-cubic-meter vessel to establish safety…
HD Hyundai wins DNV approval on 271,000 cbm LNG hull design
The twin-skeg hull matches Qatar's Q-Max scale while preserving canal transit access, challenging China's monopoly in ultra-large…
HD Hyundai agrees to develop wind-assisted 174K LNG carrier
A four-party pact signed in Bangkok pairs rigid WindWings sails with a forward-deckhouse hull to cut fuel burn ahead of 2027…
HD Hyundai wins ABS approval for 100MW floating power barge
The gas engine-powered marine platform bypasses land-based grid bottlenecks to deliver direct electricity to coastal artificial…
Japan Clears $635 Million in Subsidies to Modernize Shipyards by 2035
The transport ministry approved five shipyard expansion plans covering dry dock extensions and robotic welding lines to double…
Hanwha Ocean equips MOL LNG carrier with dual rigid sailsMembers
The 174,000-cubic-meter vessel combines wind propulsion with hull air lubrication to reduce fuel use by up to 12% ahead of…