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Imbalance emerges in global fleet growth

A shift is being detected in recent global fleet trends. Fleet growth is occurring unevenly across different vessel types, with newbuilding orders on the decline. Ship deliveries have slightly increased, while demolition volumes remain ..

News > Shipping > 2025-07-03 12:19:41

HD Hyundai Heavy rakes in $1.2bn in Q1 cash — Boom-era ship deliveries take hold 

- Midterm payments from LNG newbuildings accelerate -Contract liabilities up $1.14bn — “Real cash-generation in motion” - Operating cash flow surpasses $1.22bn — High-value backlog starts to pay off HD Hyund..

News > Shipbuilding > 2025-07-03 11:39:30

SHI about to FLNG from US

South Korean shipbuilding giant Samsung Heavy Industries (SHI), aiming for a rebound in orders in the second half of the year based on its unrivaled technological superiority in the Floating Liquefied Natural Gas (FLNG) sector, has fina..

News > Offshore > 2025-07-03 11:36:23

Korea’s Big‑3 Shipbuilders Re‑Enter the ‘Forgotten Sector’

K‑Ship Big‑3 realign in medium tonnage: container, MR tanker, PCTC “Once abandoned — now opportunity” — high value‑added & eco‑transition as leverage Amid fierce China–Japan low‑cost rivalry, Korea ta..

News > Column > 2025-07-03 11:31:31

Who Will Trump Choose? Hanwha Ocean & HD Hyundai Heavy Wage Silent War for US Favor

- Delegations from Thailand, US, Poland visit Korean yards - Target: US naval shipbuilding and MRO market - Ahead of APEC Summit, Korean shipbuilders launch full-scale diplomatic push As geopolitical dynamics reshape global shipb..

News > Shipbuilding > 2025-07-03 11:31:24

"Going Together, Going Further" Doosan Enerbility Forms Offshore Wind Supply Chain Alliance with Nine Partners

- Korea’s largest 10MW offshore turbine to receive international certification this month - Localization rate exceeds 70% – “Accelerating the K-Offshore Wind Ecosystem” - “Beyond Korea, toward global mark..

News > Offshore > 2025-07-03 11:26:26

Boxships Hold the Line as ClarkSea Index Falls 5% in H1

“Without containers, the index would have plunged 30%” Tankers -33%, bulkers -31%, LPG -22% — steep drop across sectors Container charter rates up 79% YoY — “immune to tariff shocks” Container ..

News > Shipping > 2025-07-03 11:18:31

'K-Shipbuilding Blossoms in Subic'

HD Korea Shipbuilding & Offshore Engineering revives Philippine Subic Yard as global production hub Full-scale launch of HD Hyundai Heavy Industries Philippines – Building capacity for 4 LR2 tankers annually Solid Q2 2025 ..

News > Shipbuilding > 2025-07-03 11:10:36

China’s top private shipbuilder YZJ wins tanker order from Vietnam

Yangzijiang Shipbuilding (YZJ)has secured an order for a 75,000 dwt Aframax tanker from a Hai An Transport and Stevedoring Joint Stock Company(HAIANTS JSC). The order value is estimated at US$55 million and is scheduled to be delivered ..

News > Shipbuilding > 2025-07-03 11:06:06

Hanwha Shipping Adds Third VLCC, Eyes US-Flag LNG Fleet

Three VLCCs now on order at Hanwha Ocean; Hull No. 5521 set for delivery in March 2027 Two LNG carriers (174,000 cbm) also ordered, to be re-flagged under US Coast Guard ACP Hanwha Philly Shipyard undergoing transformation for LNG..

News > Shipping > 2025-07-03 09:22:09