In a filing on the Oslo stock exchange, Aker Philadelphia Shipyard ASA (Oslo: AKPS) announced today that its wholly-owned subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), and an undisclosed potential buyer, have signed a non-binding term sheet regarding the construction and sale of two to four product tankers with expected delivery in 2015 and 2016.
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Blue Water Autonomy unveiled the Liberty Class, a privately funded 190-foot autonomous surface vessel designed for serial production as the U.S. Navy looks to expand fleet capacity.
A federal judge has dismissed a high-profile constitutional challenge to the Jones Act, delivering a major win for the U.S. maritime industry and the Trump Administration’s defense of America’s cabotage...
The U.S. and South Korea released details of a trade agreement on Friday that includes a $150 billion Korean investment in the American shipbuilding sector and an additional $200 billion earmarked for industrial sectors, the two countries said.
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