Topic
shipyard
Logistics Veritas Shipmanagement books fresh ultramax pair at COSCO yard, Splash247 reports
Veritas Shipmanagement has ordered two 64,000 dwt ultramax bulk carriers at COSCO Shipping Heavy Industry in Zhoushan, with delivery scheduled for 2030. The order extends a relationship that began in 2023 with four 63,600 dwt vessels. No contract price has been disclosed; Xclusiv assesses standard Chinese-built ultramax newbuildings at around $36m each.
Logistics Seanergy linked to fresh newcastlemax at Hengli as dry bulk orderbook grows
Seanergy Maritime has been linked to a 211,000 dwt newcastlemax newbuilding at Hengli Heavy Industries for delivery in 2029, according to Splash247. The order, if confirmed, would expand Seanergy's dry bulk newbuilding programme from seven to eight vessels, with the broader fleet renewal slate reaching nine ships. Seanergy has already secured charters for three 2027-dated capesizes at floor rates averaging about $23,100 per day.
Manufacturing Seoul probes safety conditions at HD Hyundai following subcontractor deaths
South Korea's Ministry of Employment and Labor has deployed a 62-strong inspection team to HD Hyundai Heavy Industries after two fatal crushing accidents killed subcontracted workers within six days. The probe covers the Ulsan and Gunsan shipyards, company headquarters, and an ultra-high-risk plant, examining entrapment, collision, fall, fire, and confined-space risks. Labour minister Kim Young-hoon promised a "zero-tolerance" approach to companies where similar fatal accidents recur.
Logistics Harland & Wolff to Overhaul Samson and Goliath Cranes Ahead of Royal Navy Contract
Harland & Wolff's Belfast shipyard will spend £3m refurbishing its Samson and Goliath cranes as part of nearly £100m of investment ahead of the Royal Navy's Fleet Solid Support contract. The overhaul is intended to restore the cranes to full lifting capacity for final assembly of three support ships.
Logistics China's Shipbuilding Boom Draws Another Yard into Oceangoing Construction
Yizheng Kangping Ship Repair Yard has started construction of its first 5,000 ceu pure car and truck carrier, ordered by newly established Hainan Chunlong International Shipping. The project signals China's shipbuilding boom pulling smaller domestic yards into oceangoing construction. Chinese yards captured 82.3% of global newbuild orders by deadweight in H1 2026, up 173% year-on-year.
Manufacturing Ferguson Marine to Cut Quarter of Workforce Awaiting Promised Ship Orders
Ferguson Marine, Scotland's state-owned shipyard, is cutting 70 of 283 posts through voluntary redundancy as it awaits confirmation of four promised Scottish government vessel orders. The yard faces a gap in workload after completing MV Glen Rosa, with none of the promised contracts yet confirmed and due diligence still under way.
Logistics Amoysailing Orders Four Kamsarmaxes, Handing Jiangsu Watts Energy First Newbuilds
Xiamen-based Amoysailing Maritime has placed its first newbuilding order at Jiangsu Watts Energy & Engineering, signing for four 82,000 dwt kamsarmaxes for 2028 delivery. The deal adds 328,000 dwt to the owner's newbuild programme, which also includes two 63,500 dwt ultramaxes at Jiangsu Haitong. Watts Energy, previously focused on repairs and marine energy equipment, enters shipbuilding with its first such contract.
Logistics Greece's Nautilus Makes Tanker Newbuild Debut at Wuhu Shipyard
Greek shipowner Nautilus Management has placed its first tanker newbuilding order — up to two MR1 product and chemical carriers at China's Wuhu Shipyard. The deal includes one firm 41,000 dwt vessel and an option for a second, with deliveries scheduled from Q3 2028 into early 2029.
Logistics HD Hyundai Launches First Ship from Revived Subic Shipyard in the Philippines
HD Hyundai Heavy Industries Philippines has launched the Orion Jade, the first vessel built at its revived Subic shipyard, marking the start of full-scale operations. The 250-metre bulker is the first of a four-ship order. The project has created 4,000 jobs, expected to double, and reflects Korean shipbuilding expansion beyond South Korea.
Logistics DH Shipbuilding Sets Annual Order Record with Fresh Suezmax Pair – New Deliveries Through 2029
South Korea's DH Shipbuilding has secured a KRW271.3bn ($196m) contract for two 157,000 dwt suezmax crude carriers from an unnamed European owner, pushing its 2025 order intake to a record 17 ships. The yard's orderbook now stands at 36 vessels, filling its construction schedule through the end of 2029.
Logistics Chinese Yard Huarun Dadong to Convert Semisub Rig into 600-Person Floating Accommodation Unit for Brazil
Shanghai-based Huarun Dadong Dockyard has secured a contract to convert the 2010-built semisub rig Sparta into a 600-person floating accommodation unit. The 14-month overhaul includes new accommodation modules, life extension, and deployment to Brazilian waters by Q3 2027. The project involves China Merchants Harbour Engineering and marks a major rig conversion in China.
Logistics Seacon Adds $66m Bulker Pair at Tsuneishi Zhoushan for 2028 and 2030 Delivery
Hong Kong-listed Seacon Shipping has ordered two handysize bulk carriers at Tsuneishi Group (Zhoushan) Shipbuilding for a total of $66m, with deliveries in 2028 and 2030. The newbuilds add to Seacon's extensive pipeline of 44 vessels under construction at the end of 2025. Meanwhile, Seacon agreed to sell the 2023-built bulker Seacon Tokyo for $41.6m, generating a gain of about $9.86m.
Saronic picks Texas port for $3B shipyard, betting on defense manufacturing boom
Autonomous maritime technology company Saronic announced the selection of the Port of Brownsville, Texas, for Port Alpha, a $3 billion-plus next-generation shipyard. The project aims to dramatically expand U.S. shipbuilding capacity, create up to 10,000 jobs, and generate over $264.5 billion in statewide economic impact. Construction is expected to begin later this year.
Logistics Tata Group Seeks Approval for $1 Billion Shipbuilding Investment in Kerala
Tata Group is seeking approval for a Rs100bn ($1bn) shipbuilding investment in Kerala, marking its entry into shipbuilding. Kerala chief minister V.D. Satheesan stated the state government is considering the proposal and could approve within a month. The move is part of India's broader push to expand shipbuilding capacity, supported by a $2.9bn maritime development fund.
Logistics Andriaki Shipping Breaks Decade-Long Newbuilding Silence with LR1 Tanker Pair at Chinese Yard
Greek tanker owner Andriaki Shipping has been linked to its first newbuilding order in about a decade, booking two 73,500 dwt LR1 tankers at China's New Times Shipbuilding. The scrubber-fitted vessels are priced at about $55.1m each and expected to deliver in 2030, marking a rare move into Chinese shipyards for the conservative owner.
Logistics Shanghai Minsheng adds two more 1,100 TEU feeder containerships at New Dayang
Chinese owner Shanghai Minsheng Shipping has declared options for two additional 1,100 TEU feeder containerships at New Dayang Shipbuilding, with deliveries scheduled in 2028 and 2029. The order follows a prior pair due in 2027, backed by BOC Financial Leasing. The vessels will serve Minsheng's domestic and nearsea liner services, including the Yangtze River basin, and add to New Dayang's growing containership portfolio.
Manufacturing Korean Shipyard Gunsan Moves Closer to Revival After Nine-Year Hiatus with First Newbuilding Order
The Gunsan Shipyard, dormant since 2017, has signed a letter of intent for four aframaxes, marking its first newbuilding commitment. J Ocean Heavy Industries, backed by Eco Prime Marine Pacific, plans to acquire the yard from HD Hyundai Heavy Industries by year-end, potentially easing capacity constraints in Korean shipbuilding.
Business Historic Cammell Laird Name Set to Disappear After Balaena Takeover of APCL Group
Balaena's acquisition of APCL Group will see the historic Cammell Laird shipyard renamed Balaena Birkenhead, ending a nearly 200-year-old brand. The deal merges five shipyards and 12 dry docks across the UK and Gibraltar.
Manufacturing Hengli on Track to Deliver 160 Ships in 2028, Becoming One of Shipping's Biggest Builders in Four Years
Chinese shipbuilder Hengli, which acquired the former STX Dalian yard in 2022, is projected to deliver at least 160 ships in 2028, according to SSY analysis. With a 395-firm order backlog of 12.2m cgt and a $1.9bn expansion, it has become one of the world's largest privately owned shipbuilders. The yard's rapid ascent reflects the scarcity of prompt newbuilding slots and strong local government support.