South Korea’s Hanwha Ocean Targets US Navy Orders as Trump Seeks Shipbuilding Ties
SEOUL, May 5 (Reuters) – South Korean shipbuilder Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4
SEOUL, May 5 (Reuters) – South Korean shipbuilder Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4
President Donald Trump’s tariffs threaten to increase the cost of a big offshore wind farm that Dominion Energy Inc. is building by as much as $500 million,
White House National Security Adviser Mike Waltz is set to leave the administration following controversy over sharing sensitive military information,
Equinor stands to lose billions of dollars on its massive wind power project offshore the state of New York unless U.S. President Donald Trump's
America’s long-neglected maritime sector is suddenly sailing into the policy spotlight—on parallel tracks. In a matter of weeks, both the White House and
The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and more moderate consumer spending,
By Mark Niquette (Bloomberg) — The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get
The U.S. military campaign against Yemen’s Houthi forces has intensified since President Trump took office in January 2025, marking a significant
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit
One of the world's top offshore wind developers, Germany's RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access
Chinese cranes that load and unload containers from ships are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even
(Bloomberg) — Orsted A/S shares dropped almost 10% on the first day of trading since President Donald Trump’s administration ordered another developer
The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the
With an order to halt work on a wind farm off the coast of New York, the Trump administration dealt the offshore wind industry a damaging blow that puts $28
(Bloomberg) — Container ships, the workhorses of global trade transporting almost 90% of the world’s manufactured goods, have become a target in Donald
Following last week’s executive order on restoring America’s maritime dominance, the U.S. Department of Transportation has announced a landmark
The U.S. Coast Guard’s Homeport portal, a critical online platform for maritime operations since 2005, was permanently taken offline on April 12, 2025,
The Port of Long Beach has emerged as America’s busiest container port in the first quarter of 2025, achieving record-breaking cargo volumes ahead of
The U.S. Department of the Treasury has unveiled sanctions against a sophisticated maritime network responsible for smuggling hundreds of millions of dollars
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