Samsung Heavy Industries Secures $7.9 Billion in Orders for 2025, Up 8.2% Year-on-Year

Samsung Heavy Industries Co. secured $7.9 billion in orders for 2025, up 8.2% year-on-year, driven by strong LNG carrier demand and a robust order backlog.

Semiconductors, Autos, Shipbuilding—South Korea’s Manufacturing Strength Drives Exports Past $700 Billion

South Korea’s exports surpassed $700 billion for the first time, driven by record performances in semiconductors, autos, and shipbuilding, despite global trade headwinds.

Naval Gazing Main/No, it's not

Despite Trump’s ‘Golden Fleet’ Vision, K-Shipbuilding Stocks See 20% Correction

South Korean shipbuilding stocks have corrected by around 20% since October, despite Trump’s ‘Golden Fleet’ initiative and MASGA cooperation hopes, as analysts cite a lack of concrete agreements and ongoing U.S. legal restrictions.

HD Hyundai Heavy Industries Secures Order for 5 Petrochemical Carriers Worth 375 Billion Won

HD Hyundai Heavy Industries Co. has secured a 375 billion won ($288 million) order for five petrochemical carriers, with delivery scheduled by July 2028.

Samsung Heavy Industries Secures Order for Two LNG Carriers Worth 743 Billion Won

Samsung Heavy Industries Co. has won a 743 billion won ($570 million) order for two LNG carriers from an Oceania-based client, with delivery set by March 2029.

Trump Announces Collaboration with Hanwha to Build New Navy Frigates (Update)

U.S. President Donald Trump announced a partnership with South Korea’s Hanwha Group to build a new class of Navy frigates, starting with two ships and aiming for up to 25 as part of the “Golden Fleet” initiative.

Hanwha Ocean Secures Order for Seven LNG Carriers Worth 2.59 Trillion Won

Hanwha Ocean Co. has landed a $1.99 billion order from a European client for seven LNG carriers, a deal equal to 24% of its 2024 sales, with delivery set by June 2029.