The steel cutting ceremony of the AFRICA MERCY II newbuilding project was celebrated on 29 October marking the official start of construction for Mercy Ships’ newest purpose-built hospital ship, designed to expand access to free surgical care and medical training across Africa. The day began with a tree planting ceremony at Tongzhou Forest, symbolizing growth,… Read More
[Kampen, November 21, 2025] – Royal T Shipyards proudly announces the successful christening and launch of MV Vertom Quina, the tenth vessel in the advanced and energy-efficient LABRAX series for Vertom. The launch marks a remarkable milestone, celebrating the completion of the tenth vessel in the series of next-generation diesel-electric vessels, each contributing to cleaner,… Read More
DH Shipbuilding recorded an operating profit margin of 24.3% in the third quarter, achieving over 20% for four consecutive quarters and leading a structural shift in profitability across the shipbuilding industry. On the 14th, DH Shipbuilding announced its consolidated third-quarter results, reporting KRW 274 billion in revenue and KRW 66.5 billion in operating profit. This translates to an operating profit… Read More
This year’s accumulated orders reach approximately KRW 1.47 trillion — about a 20% increase compared to last year As the global shipbuilding market sees increasing demand for Suezmax crude oil carriers, DH Shipbuilding has secured another construction contract, further accelerating its strong business performance. On the 17th, DH Shipbuilding announced that it won an order… Read More
Fincantieri has reported €6.725 billion in revenue for the first nine months of 2025 and reaffirmed its full-year 2025 guidance of approximately €9 billion. Key 2025 Financial Highlights (as of 9M 2025) Nine-Month Revenue (Jan-Sep): Fincantieri generated €6.725 billion in revenue, a 20.5% increase compared to the same period in 2024. Full-Year Guidance: The company confirmed its target to achieve… Read More
