Recently, the "Second Environmental Impact Assessment Publicity for the Tianjin COSCO Shipping Heavy Industry Ship and Offshore Engineering Construction Base Project" was officially released. The project is located in the Lingang Economic Zone of Binhai New Area, Tianjin, with Tianjin COSCO Shipping Heavy Industry Co., Ltd. as the construction entity. Public information shows that the project has a total investment of 8 billion yuan and is expected to achieve an annual output value of approximat

A fatal fall accident occurred on July 9 at the Ulsan plant of HD Hyundai M&S, a subsidiary of HD Hyundai Heavy Industries (formerly HD Hyundai Mipo, acquired in late 2025), according to an official notice from HD Hyundai Heavy Industries. The worker was conducting maintenance work on a quayside bridge crane at the time of the incident and fell from an elevated position, resulting in his death. It has been verified that there were no other casualties in this accident.

On June 12, Yaguang Technology Group Co., Ltd. released an announcement regarding the overdue debts of the company and its subsidiaries, providing updates on the overdue borrowings and outstanding payables of ST Yaguang and its affiliated companies. ST Yaguang and its subsidiaries have a combined total of 57.037 million yuan in overdue borrowings. In addition, overdue notes payable and accounts payable of ST Yaguang and certain subsidiaries amount to 30.7802 million yuan in total.

To align with the Guangdong Provincial Government's initiatives to revitalize shipbuilding assets and boost the marine economy, Guangzhou Shipyard International (GSI) and Guangdong Port & Shipping Group signed an agreement on May 18 for a joint venture at the Xiaohu Island Shipbuilding Base. The ceremony took place at the Guangdong Port & Shipping Tower. Under the deal, the two companies will form a specialized shipbuilding joint venture with registered capital of 588 million yuan and combine