New Report Warns U.S. Shipbuilding Collapse Threatens National Security
The Coalition for a Prosperous America (CPA) has released a new economic report detailing how America’s capacity has dramatically declined as
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
In a major consolidation move aimed at boosting America’s commercial and defense maritime capabilities, five prominent U.S. ship repair and marine service
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
Australian shipbuilder Austal Limited (ASX: ASB) has challenged South Korean defense giant Hanwha Group’s announcement regarding U.S. regulatory approval
Hanwha Group has received clearance from the Committee on Foreign Investment in the United States (CFIUS) to increase its shareholding in Australian
Department of Homeland Security Secretary Kristi Noem announced today the cancellation of a delayed Legend-class National Security Cutter contract with
St. Johns Ship Building, a Florida-based shipyard owned by Americraft Marine, has been awarded its first U.S. Navy shipbuilding contract to construct a Dive
A new report released today by the Open Markets Institute paints a dire picture of America’s diminishing maritime capabilities, highlighting
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