A new report argues that the surge in very large gas carrier freight rates reflects a lasting imbalance between supply and demand, not merely the temporary disruptions of war and weather.
6 October 2026
Despite robust order books and double-digit operating margins, South Korea's big three shipbuilders have failed to sustain their share-price rallies — but a confluence of new narratives around AI infrastructure and shifting currency dynamics may finally provide the catalyst the bulls have been waiting for.
27 September 2026
A South Korean brokerage sees Samsung Heavy Industries' rare ability to build both LNG carriers and floating liquefaction plants as a natural hedge that could drive earnings more than double within two years.
15 September 2026
A 1.07 trillion-won investment in four-stroke power engines and small modular reactors positions HD Hyundai Heavy Industries to capitalise on surging AI data-centre demand—independent of the commercial shipbuilding cycle.
14 September 2026
A 1.07 trillion-won capacity expansion into power-generation engines and small modular reactors underscores HD Hyundai Heavy Industries' long-term growth ambitions, yet the market remains sceptical about near-term earnings.
11 September 2026
A bullish initiation rests on three pillars—a potential OEM partnership with a Bain Capital-backed European licensor, Hanwha Engine's unique status as the only listed member of the group's North American power chain, and solid growth in its core marine engine business—but hinges critically on a data-centre order that has yet to materialise.
25 August 2026
A widening gap between market pricing and intrinsic value, combined with mounting cash reserves and a credible case for buybacks, makes HD Korea Shipbuilding an asymmetric long-term bet — if management follows through on shareholder returns.
25 August 2026
Korean shipbuilders are posting solid order books and improving profits, yet their shares have fallen 30–40% from recent peaks — a disconnect that looks increasingly hard to justify.
16 August 2026
A blowout second quarter, with operating margins hitting 16.4%, confirms that the South Korean shipbuilder is now reaping the rewards of the 2024 orderbook bonanza — but the share price tells a more cautious story.
30 July 2026
HD Korea Shipbuilding & Offshore Engineering's surging margins and record order backlog suggest its profit recovery is structural rather than cyclical, yet the share price still trades well below its 52-week high.
30 July 2026
A fresh order for six product carriers from a Middle Eastern shipping company puts South Korea's largest shipbuilder on course to exceed its full-year targets well ahead of schedule.
9 July 2026
A confluence of new liquefaction projects and ageing vessel retirements is locking South Korea's dominant shipyards into a prolonged super-cycle, with annual orders for LNG carriers expected to exceed 90 ships through 2032.
9 July 2026
South Korea's Hanwha Ocean has been knocked out of a roughly $70bn Canadian submarine procurement competition, losing to German rival TKMS.
7 July 2026
When South Korea's benchmark index surged 8% in a single session, the country's leading shipbuilders declined — not because their fundamentals had deteriorated, but because the market's attention was elsewhere; the 6% rebound that followed the very next day proved the point.
21 June 2026
South Korea's largest shipbuilder is leveraging its domestic naval expertise to pursue high-value warship export contracts as demand for maritime security rises worldwide.
19 June 2026
Lee Jae-myung's remarks signal that economic collaboration between Seoul and Washington is taking on concrete shape, with the shipbuilding industry emerging as a centrepiece of bilateral talks.
19 June 2026
South Korea has sailed a warship across the Pacific to win a C$100 billion submarine contract—and the decision is weeks away.
14 June 2026