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Shipbuilding & Technology

Stay up to date with the latest in Shipbuilding & Technology— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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HD Hyundai Heavy Industries Sells Gunsan Shipyard to Echoprime Marine Pacific

13 Mar, 2026
The Gunsan Shipyard of HD Hyundai Heavy Industries, long referred to as the company’s “sore spot,” has been sold to Echoprime Marine Pacific, a subsidiary of HJ Shipbuilding & Construction. The shipyard had faced prolonged difficulties ...

GTT receives an order from HD KSOE for the tank design of a new LNG Carrier

13 Mar, 2026
GTT announces that it has received, in the first quarter of 2026, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE[1]) for the tank design of a new Liquefied Natural Gas Carrier (LNGC). The LNGC will be built by the s...

Mid-sized shipyards sharpen specialties, achieve record profits

13 Mar, 2026
HJ Shipbuilding & Construction, based at the Yeongdo Shipyard in Busan, secured an order worth 353.2 billion Korean won on the 10th of last month for two 11,000 TEU (1 TEU equals one 20-foot container) eco-friendly container ships from ...

Supreme Court rules Hanwha Ocean bonus not wages, retirees lose in South Korea

13 Mar, 2026
Retirees of Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) sued, saying the management performance bonus they received while employed should be reflected in their severance pay, but they ultimately lost. The Supreme Co...

War fears spur shipowners to skip Korea ship-naming ceremonies

12 Mar, 2026
Since the war between the United States and Iran, some shipowners, busy managing vessels in waters near the Middle East, have been skipping ship-naming ceremonies. A ship-naming ceremony is an event held to give a name to a vessel completed...

Yangzijiang Shipbuilding to invest US$825.7 mil for 10% stake in longtime customer Seaspan Corp

11 Mar, 2026
Yangzijiang Shipbuilding plans to pay US$825.7 million to take a 10% stake in a key customer, charter owner Seaspan Corporation, which has been giving it shipbuilding orders for around two decades. According to Yangzijiang, this acquisition...

MOL invests into European Offshore Wind business | Shipyard news

11 Mar, 2026
Japan’s shipping major Mitsui O.S.K. Lines (MOL) has announced to invest in and to jointly own two commissioning service operation vessels (CSOVs) together with the Cyprus-based Schoeller Holdings Ltd. with delivery scheduled in 2027. MOL h...

Turkish civil society organisations reiterate their call to remove Aliağa shipbreaking yards from the EU list amid environmental damage and systemic negligence

11 Mar, 2026
Members of Turkish organisations raise alarm about critical levels of pollution in Aliağa, as well as severe systemic mismanagement, and continue their call to remove Turkish shipbreaking yards from the EU list of ship recycling facilities ...