u.s. shipbuilding

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

President Trump praised South Korea’s acquisition and expansion of Philadelphia’s shipyard during his address to the Asia-Pacific Economic

Three industry experts told a Senate subcommittee on Tuesday that the United States faces an urgent need to rebuild its commercial shipbuilding capacity in the

The Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries will convene a hearing on Tuesday to

SEOUL, Oct 26 (Reuters) – South Korea’s HD Hyundai Heavy Industries 329180.KS and U.S. military shipbuilder Huntington Ingalls HII.N have

JPMorgan Chase has announced a $1.5 trillion, 10-year Security and Resiliency Initiative to finance and invest in industries critical to national economic

By Laura Curtis and Ruth Liao Oct 10, 2025 (Bloomberg) — The Trump administration scrapped penalties for US liquefied natural gas companies that were

The Coalition for a Prosperous America (CPA) has released a new economic report detailing how America’s capacity has dramatically declined as

President Donald Trump’s call for new investment in U.S. shipbuilding comes at a pivotal moment. From icebreakers to training ships, America faces rising

Singapore-based Seatrium Limited has announced the divestment of its AmFELS Yard in Brownsville, Texas, to Karpower Valley LLC for S$65 million (USD 50.6

Austal USA and Master Boat Builders, Inc. have entered into a memorandum of understanding establishing a strategic outsourcing partnership designed to expand

Fincantieri Marine Group (FMG) has added more than 600 workers to its U.S. shipyards since February 2025 amid what company officials describe as a revival of

Hanwha Shipping, a U.S. subsidiary of Hanwha Ocean, has placed an order for 10 medium range (MR) oil and chemical tankers from its affiliate, Hanwha Philly

South Korean conglomerate Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard-. as part of South Korea’s broader $150

Hanwha Philly Shipyard, Inc. (HPSI) and Matson marked a significant milestone in American shipbuilding yesterday with the dock-mounting ceremony for the first

The U.S. Maritime Administration (MARAD) has awarded $8.75 million in grants to support 17 small shipyards across 12 states, Transportation Secretary Sean P.

Fincantieri, the Italian shipbuilding giant behind the U.S. Navy’s Constellation-class frigates, hosted a high-profile event in Washington, D.C. this

Fincantieri SpA is set to appoint George Moutafis as head of its US unit, according to people familiar with the matter, betting on an American shipbuilding

A recent Government Accountability Office (GAO) report has found that despite having four financial assistance programs designed to bolster U.S. shipbuilding,

South Korean shipbuilder HD Hyundai has entered into a strategic partnership with Edison Chouest Offshore (ECO) to construct commercial vessels in the United