Washington-based 38 North, a North Korea monitoring project, cited images taken on Nov. 5 showing activity at North Korea's Sinpo South Shipyard.
"The presence of what appear to be sections of a submarine's pressure hull in the yards suggests construction of a new submarine, possibly the SINPO-C ballistic missile submarine - the follow-on to the current SINPO-class experimental ballistic missile submarine," 38 North said in a report.
The report said that throughout 2017 there had been continued movement of parts and components into and out of two parts yards adjacent to the constructions halls in the center of the shipyard.
It said the Nov. 5 images showed two large circular objects that could be sections of a submarine's pressure hull. It said these appeared larger than those for North Korea's ROMEO-class attack submarine.
Images of a test stand indicated continued testing of a mechanism for ejection launch of missiles from a submarine.
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