Shipbuilding

US-Led Shipbuilding Renaissance: New Opportunities for Korean Shipyards

Up to 448 Vessels to Be Ordered by 2037… Korea-US Cooperation Needed on LNG Carriers & Medium-Sized Merchant Ships A new era of American shipbuilding revitalization is set to open fresh export avenues for South Korea&rsquo..

News > Shipbuilding > 2025-05-19 08:59:30

Japan’s Shipbuilding Slump Deepens

Korea Widens Lead Amid Japan’s Double Whammy of Plunging Orders and Production Constraints April export ship orders down 32% — Japan falls behind as China and Korea ride boom Japan’s shipbuilding industry is once a..

News > Shipbuilding > 2025-05-19 08:32:09

Hanwha and SK Enter U.S. MRO Market... HD Hyundai Joins the Race

Korea’s Big Three Join Global MRO Battle to Win Over U.S. Navy “Do Repairs Well, and Newbuild Orders Will Follow” — Expanding From Indo-Pacific to North America South Korea’s shipbuilding giants are mak..

News > Shipbuilding > 2025-05-19 08:24:50

APEC Turns into “Shipbuilding Diplomacy”

U.S.-Korea Hold High-Level Talks on Naval and Commercial Vessel Cooperation** Korea’s Big 3 Attend SelectUSA Summit in Force USTR’s Greer Meets HD Hyundai & Hanwha on Naval Shipbuilding and MRO Collaboration “..

News > Shipbuilding > 2025-05-18 18:20:39

Newbuilding Prices Turn Lower... “Signal of a Breather Phase”

As of May 16, 2025, the Clarkson Newbuilding Price Index stood at 186.80 points, marking a 0.03-point (0.02%) decline from the previous week (May 9). This represents the first drop in five weeks. The index had already shown signs of ..

News > Shipbuilding > 2025-05-18 18:16:38

U.S. Trade Representative meets with HD Hyundai

Jeong Ki-seon, Executive Vice Chairman of HD Hyundai, met with Jamieson Greer, a representative of the United States Trade Representative (USTR), on the 16th to discuss cooperation between South Korea and the United States in the shipbu..

News > Shipbuilding > 2025-05-16 17:44:51

SHI seeks collaboration opportunity in Vietnam

Samsung Heavy Industries (SHI) pushes ahead with a strategic cooperation with Vietnam's state-owned energy provider in shipbuilding sector. The South Korean shipbuilding giant dispatched a delegation led by Vice President Nam Goo..

News > Shipbuilding > 2025-05-16 16:13:21

Shipyards' boxship order sales 'favourable'

The new orders for new container ship, which had surged in the third quarter of 2024 due to the global container shipping market boom, slowed down somewhat in the fourth quarter of the same year, but the boom in the new ship constructio..

News > Shipbuilding > 2025-05-16 14:25:25

China and Brazil Join Forces in Shipbuilding… ‘TP25’ Project Signals Revival of Brazil’s Shipbuilding Industry

25 Newbuild Project Gains Momentum…Chinese Shipyards Secure Foothold in Brazil China and Brazil have officially launched a collaborative initiative in the shipbuilding industry, offering a new lifeline to Brazil’s long..

News > Shipbuilding > 2025-05-16 12:23:45

Japan’s shipbuilding continues to lose ground to Korea and China

Despite a global shipbuilding boom, Japan’s shipbuilding industry is seeing a sharp decline in both new orders and market share. As of the end of 2024, Japanese shipyards held an order backlog of 43 million DWT (approximately 29.5..

News > Shipbuilding > 2025-05-16 12:10:10