Shipbuilding News
COSCO Continues Spending with $1.7B in Orders for 29 More Vessels
China’s sprawling state-owned shipping company COSCO unveiled plans for a further $1.7 billion in new shipbuilding contrac...
Read More >>Samsung Heavy Industries Goes Beyond "MASGA" With Vietnamese Venture
Korean shipbuilder Samsung Heavy Industries is a big player in the "Make American Shipbuilding Great Again" in...
Read More >>Hanwha Philly to Build Nuclear-Powered Submarine for South Korea
The Trump administration has reached an unexpected agreement with the government of South Korea on sharing one of Americ...
Read More >>Hanwha Teams Up With American Swarming-Boat AI Startup Havoc
Korean shipbuilding conglomerate Hanwha Ocean is actively working to expand its presence in the American defense market,...
Read More >>Report: Japan and U.S. to Sign Memorandum on Shipbuilding Cooperation
Japan is prepared to sign a memorandum with the United States providing additional details on the investment in shipbuilding tha...
Read More >>Hyundai and HII Expand Relationship Targeting US Navy and Commercial Ships
HD Hyundai Heavy Industries, South Korea’s largest shipbuilder, and HII (Huntington Ingalls Industries) signed an agreemen...
Read More >>New Cruise Ships for Disney, Celebrity, and Royal Hit Milestones
It was a big week for the cruise industry as the flow of new ships continues to accelerate. Disney Cruise Line and Celeb...
Read More >>Report: Japanese Shipbuilders Seek Government Support to Double Capacity
Japan, like South Korea, has proposed large investments to expand and modernize its shipbuilding operations as part of its effor...
Read More >>DEME Takes Delivery of Large WTIV with Hybrid Power to Reduce Emissions
Belgium’s DEME Group is advancing ambitions to expand its role as a major player in offshore wind installations after taki...
Read More >>Thyssenkrupp Completes Spin Off of TKMS into Bullish Stock Market
German conglomerate Thyssenkrupp completed the previously announced spin off of its marine shipbuilder TKMS today, October 20, a...
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