Logo

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.
Sort Date

Hanwha Ocean beats Q1 forecasts on LNG-led profits

29 Apr, 2026
Hanwha Ocean posted a first-quarter earnings surprise, driven by a high-margin shipbuilding portfolio centered on liquefied natural gas carriers, as demand for alternative fuels strengthened amid Middle East-driven energy volatility. Accord...

Korea Launches Shipbuilding-Shipping One-Team Strategy

29 Apr, 2026
The government is fully launching a ‘one-team’ strategy that binds the shipbuilding and shipping industries together. The Ministry of Oceans and Fisheries and the Ministry of Trade, Industry and Energy held the launch ceremony of the ‘Shipb...

China delivers its largest domestically built LNG carrier

28 Apr, 2026
China delivered its biggest independently designed and built liquefied natural gas (LNG) carrier to date, marking a breakthrough in the country’s ability to build large vessels for clean energy transport. The carrier, Celsius Georgetown, de...

War boosts VLCC orders 21-fold as Korea shipyards, led by Hanwha, win big

28 Apr, 2026
Driven by the Middle East war, new orders for very large crude carriers (VLCCs) worldwide in the first quarter surged to more than 21 times last year’s level for the same period. Early gains concentrated at Chinese shipyards with price comp...

Dire straits provide China’s shipbuilders great opportunities

28 Apr, 2026
Rising geopolitical tensions and growing energy security concerns are fueling a new wave of global demand for oil tankers, with Chinese shipbuilders primed and ready to fill orders. Disruptions at key choke points such as the Strait of Horm...

HD Hyundai Heavy Signs Swedish Icebreaker Contract

28 Apr, 2026
HD Hyundai Heavy Industries announced that it held a signing ceremony for a shipbuilding contract for a dedicated icebreaker with the Swedish Maritime Administration (SMA) at the National Maritime Museum in Stockholm, Sweden, on April 24 (l...

HJ Shipbuilding wins 11,000-TEU orders in Korea, boosts eco-friendly fleet

27 Apr, 2026
HJ Shipbuilding & Construction said on the 27th it won an order from a European shipowner for two 11,000-TEU (1 TEU is one 20-foot container) container ships for 357.2 billion won. The 11,000-TEU container ship is the largest that can b...

Korea’s Big Three Race to Build Ammonia-powered Ships

27 Apr, 2026
As environmental regulations driven by the climate crisis put pressure on the entire shipbuilding and shipping industry, the domestic shipbuilding sector is accelerating the development of ships using ammonia, considered a carbon-free fuel....