US, South Korea Unveil Details on Shipbuilding Investment and Subs in Trade Deal
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
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
By Joe Deaux and Laura Curtis Nov 8, 2025 (Bloomberg) –A group of labor unions led by the United Steelworkers slammed the Trump administration for
President Trump praised South Korea’s acquisition and expansion of Philadelphia’s shipyard during his address to the Asia-Pacific Economic
Japan and the United States are expected to sign a memorandum to cooperate in strengthening shipbuilding capabilities in both countries as part of economic
JPMorgan Chase has announced a $1.5 trillion, 10-year Security and Resiliency Initiative to finance and invest in industries critical to national economic
Seaspan Shipyards has signed a contract with Newfoundland-based Genoa Design International to provide ongoing technical design services for the Canadian Coast
Five U.S. unions are calling on lawmakers to pass legislation that would help secure long-term funding to revive domestic shipbuilding, an effort championed
By Charlotte Hughes-Morgan Sep 19, 2025 (Bloomberg) –On a chilly day this February, Dutch Crown Princess Amalia smashed a champagne bottle against
Eastern Shipbuilding Group (ESG) has announced a strategic agreement with HII's Ingalls Shipbuilding Division to support production of outfitted structural
U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western
Cerberus Capital Management and HD Hyundai announced today a strategic partnership to launch Cerberus Maritime, a new investment strategy aimed at rebuilding
South Korean Finance Minister Koo Yun-cheol said on Thursday that a shipbuilding partnership package dubbed "Make America Shipbuilding Great Again" was key to
Fincantieri, one of the world’s leading shipbuilding groups, has reported an all-time high total backlog of €57.7 billion in its recently approved
Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves, the
Chinese shipyards have seen their global market share drop dramatically from 72% to 52% in the first half of 2025, according to a new analysis from BIMCO.
Seaspan Vancouver Shipyards has signed a Memorandum of Understanding with Ontario-based Stigterstaal Canada and Algoma Steel Inc. to establish a domestic steel
Canada-based shipbuilder Davie has announced today an agreement to acquire Enersense Offshore Oy, a specialized steel and fabrication operation based in Pori,
HD Korea Shipbuilding & Offshore Engineering has signed a comprehensive Memorandum of Understanding with Cochin Shipyard Limited (CSL), India’s
The Department of Defense has placed shipbuilding at the heart of its FY2026 strategy, pledging $5.9 billion to revitalize the U.S. maritime industrial base
By William Wilkes May 10, 2025 (Bloomberg) —Thyssenkrupp AG’s naval division is scouting for shipbuilding partners across Europe, as new submarine
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