Australia Approves Hanwha’s Increased Stake in Defense Shipbuilder Austal
Australia’s Foreign Investment Review Board has approved South Korean shipbuilder Hanwha Corporation to increase its direct equity shareholding in Austal
Stay updated on global shipbuilding news, including new ship orders, shipyard construction projects, and technological advancements in the shipbuilding industry.
Australia’s Foreign Investment Review Board has approved South Korean shipbuilder Hanwha Corporation to increase its direct equity shareholding in Austal
German shipbuilder Meyer Werft has clinched an order worth €10 billion ($11.7 billion) through 2033 with Swiss cruise operator MSC Cruises, according to
Austal USA marked a ceremonial milestone in the U.S. Coast Guard’s troubled Offshore Patrol Cutter program Monday with the keel authentication for
China State Shipbuilding Corporation (CSSC) has signed the largest domestic shipbuilding contract in Chinese history, securing an order for 87 vessels worth
The U.S. is preparing for a shipbuilding awakening. The world that awaits it is one increasingly shaped by Asia, with China and South Korea leading the way in
HD Hyundai has signed a strategic partnership with the Tamil Nadu state government to establish a new shipyard in India, marking the latest move by the South
The U.S. Navy has awarded defense technology company Saronic a $392 million production contract for autonomous maritime vessels, with nearly $200 million
Arab Shipbuilding and Repair Yard (ASRY) has signed two major agreements with Italian shipbuilding powerhouse Fincantieri and additive-manufacturing specialist
Secretary of the Navy John Phelan on Friday announced a major strategic shift in naval shipbuilding, revealing the selection of a design for the Medium Landing
General Dynamics NASSCO has joined forces with South Korean shipbuilding leaders Samsung Heavy Industries and longtime partner DSEC Co., Ltd. in a strategic
South Korean shipbuilder HD Hyundai recently gathered over 600 industry leaders, government officials, and technology partners at the APEC 2025 Future Tech
Davie Defense has completed its acquisition of Gulf Copper & Manufacturing Corporation’s shipbuilding assets in Galveston and Port Arthur, Texas,
Singapore-based Seatrium Limited has escalated its legal battle with Maersk Offshore Wind by filing a notice of arbitration against the Danish shipping
Copenhagen-based Cadeler has taken delivery of Wind Mover, the tenth vessel in its growing fleet of next-generation wind turbine installation vessels, marking
The U.S. Navy announced Tuesday it is terminating four ships from its troubled Constellation-class frigate program before construction begins, marking a
South Korean shipbuilding giant HD Hyundai has secured a 2.13 trillion won ($1.5 billion) contract to build eight dual-fuel containerships for South Korea
A new Government Accountability Office report has exposed severe problems plaguing the U.S. Coast Guard’s Offshore Patrol Cutter program, with both
An unprecedented Pentagon threat has erupted just as Washington attempts its boldest shipbuilding revival in decades, raising doubts about whether the
South Korean shipbuilding giant HD Hyundai has become the first shipbuilder in the world to deliver 5,000 vessels, marking a historic milestone half a century
The U.S. Navy commissioned USS Pierre (LCS 38), the 19th and final Independence-variant littoral combat ship, on Friday in Panama City, Florida, marking the
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