Company
Samsung Heavy Industries won a contract on 31 August 2026 to build two container ships for an African shipowner. The deal is worth about 444.5 billion KRW, or about $320 million, with delivery due by December 2028.
General Dynamics NASSCO, DSEC Co. and Samsung Heavy Industries have signed a tri-party memorandum of agreement to work together on ship design and manufacturing automation in the U.S. market. The companies said the tie-up will cover commercial, naval and other government programs, including the U.S. Navy’s Next Generation Logistics Ship. NASSCO said it has delivered more than 150 vessels since the 1950s and is building the 20-ship John Lewis-class fleet oiler program.