South Korea’s Hanwha to Invest $5B in Philly Shipyard Expansion, Add 10 New Tankers
South Korean conglomerate Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard-. as part of South Korea’s broader $150
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
MORRISTOWN, New Jersey, May 25 (Reuters) – U.S. President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic
South Korean conglomerate Hanwha Group is reportedly planning a major investment for improvements at its recently acquired Philly Shipyard, with plans to
U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to
Bollinger Shipyards and Edison Chouest Offshore (ECO) announced today the formation of the United Shipbuilding Alliance (USA), a strategic partnership aimed at
Secretary of the Navy John Phelan visited major South Korean shipyards this week amid strengthening maritime cooperation between the United States and the
The SHIPS for America Act is back—and this time, it’s bigger, broader, and backed by a second companion bill aimed squarely at tax reform. Introduced today
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