- In June 2024, China Merchants Energy Shipping placed an order with New Times Shipbuilding for multiple newcastlemax bulk carriers. The Hong Kong-based company has contracted the Jiangsu-based shipyard to build eight conventional marine fuel 210,000-dwt vessels, with delivery scheduled for 2028
- In June 2024, Damen Shipyards signed an agreement with the Portland Harbour Authority (PHA) in the U.K. to deliver the Damen ASD Tug 2111, one of its latest tugboat models. The 21-meter-long ASD Tug 2111 is highly maneuverable and capable of producing a 50-ton bollard pull
- In August 2023, the Canadian government announced an investment of CAD 463 million (USD 345 million) in shipbuilding infrastructure to advance the Surface Combatant (CSC) program. The funding will support the construction of 15 new warships for the Royal Canadian Navy and will be used to prepare Irving Shipyard and adjacent facilities in Nova Scotia for construction, set to begin next year
- In May 2023, Vard Marine Inc., along with Team Vigilance partners Heddle Shipyards, Thales Canada, SH Defence, and Fincantieri, unveiled the Vigilance Offshore Patrol Vessel at CANSEC 2023. These partners bring significant expertise in naval ship design, construction, combat and offboard system integration, modular payload systems, and life-cycle solutions
- In May 2023, Garden Reach Shipbuilders and Engineers Ltd launched the GRSE Accelerated Innovation Nurturing Scheme (GAINS) to drive technological advancements in ship design and construction. This initiative aims to tackle current and emerging challenges in shipbuilding while aligning with the objectives of Atmanirbhar Bharat
