ABB's Marine & Ports division reported record order intake during the first half of 2025, due to strong customer demand for hybrid-electric systems and decarbonization technologies. A leadership transition also took place, while progress was made on fuel cell partnerships and Small Modular Reactor integration into maritime applications.
HII advances distributed shipbuilding by opening new facilities and partners to meet US Navy demands, while investing $448 million in AI-driven Ship OS for efficiency gains. Hanwha Philly Shipyard readies for next-generation frigates following President Trumps endorsement; global newbuilds showcase green tech as well as market shifts for chemical tankers, car carriers and ferries which signals a return of US maritime industrial capacity.
Shipbuilding industry achieved a number of impressive wins during the otherwise quiet newbuilding week. Cadeler took delivery of their latest wind installation vessel from Korea; QatarEnergy named large LNG carriers at a major Korean yard; Fincantieri s revised US Navy frigate deal robbed their order book of a significant chunk of naval work; the raft of offshore, tanker, hybrid icebreaker projects across Europe and North America.
October 2025 was an eventful month for maritime equipment developments with the likes of ABB landing an electric propulsion contract for Canada’s next esbreaker, Raymarine expanding its radar systems, and StormGeo introducing its next-generation bunker management platform. Digital simulation initiatives from Japanese shipbuilders were launched while Finland’s Bluetech unveiled its wind optimized tanker design.