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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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Korea Launches Shipbuilding-Shipping Alliance | Hellenic Shipping News Worldwide

30 Apr, 2026
The Ministry of Oceans and Fisheries and the Ministry of Trade, Industry and Energy jointly announced that they co-hosted the inaugural ceremony of the “Shipbuilding-Shipping Mutually Beneficial Development Strategic Council” at Lotte Hotel...

Daehan Shipbuilding lifts Q1 profit 18.5% as margins stay above 20%

30 Apr, 2026
Daehan Shipbuilding posted an operating margin of 26.8% in the first quarter this year, maintaining a margin in the 20% range for six consecutive quarters. Sales were similar to a year earlier, but operating profit rose by double digits. Da...

Korean Shipbuilders Target AI Power Shortages

29 Apr, 2026
Korean shipbuilders are moving aggressively into the medium-speed engine-based power supply market, seizing on the deepening power shortage at data centers driven by the rapid spread of artificial intelligence (AI). The approach involves co...

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...