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By Mike Schuler The Trump administration’s decision to extend its Jones Act waiver for another 90 days is drawing sharply divided reactions, with U.S. maritime and shipbuilding groups welcoming new restrictions on foreign vessels while warning that continued exemptions could undermine efforts to rebuild the domestic maritime industrial base. President Donald Trump on Monday extended the waiver… Read More
By Mike Schuler South Korea’s Hanwha has made a preliminary offer worth up to $1.2 billion to acquire Austal USA, potentially giving the Korean defense giant control of one of the largest U.S. naval shipbuilders as Washington pushes to expand domestic shipbuilding capacity. Hanwha Defense USA confirmed Monday that it submitted a preliminary, non-binding offer… Read More
William P. Doyle, Chief Executive Officer of the Dredging Contractors of America, delivered comments on August 11, 2026, during NOAA’s virtual public meeting on its performance evaluation of the California Coastal Management Program. Doyle highlighted the vital role dredging and marine construction companies play in maintaining navigation channels, improving ports and harbors, restoring coastal habitats,… Read More
Orion has been named a 2026 Best Places to Work honoree by the Houston Business Journal. At Orion, we show up for one another, solve problems together, lead with integrity, and take pride in the work we do. Thank you to the Houston Business Journal for the recognition. Thank you to our employees for working… Read More
By Sam LaGrone South Korean Shipbuilder Hanwha has made a $1 billion bid for the U.S. subsidiary of Australian shipbuilder Austal, Austal disclosed in a regulatory filing on Tuesday morning Australian time. Austal also revised its previous guidance from an estimated $77.6 million (AUD 110 million) in profits to a loss of $79.73 million (AUD… Read More
MOBILE, Ala. – Austal USA launched the Navy’s Auxiliary Floating Dry Dock Medium (AFDM) 15 on July 28. This is the first AFDM built in over 40 years and the largest vessel launched into the Mobile Channel to date. At 12,000 tons, 694 feet long and with a deck working area of 90,800 square feet, AFDM is… Read More
WESTMINSTER, Colo., Aug. 5, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, August 12, 2026 at 8 a.m. ET to review its second quarter 2026 results. The call will be broadcast live on the web at https://events.q4inc.com/attendee/848449078. Analysts who wish to dial into the call may do so by first registering at https://events.q4inc.com/analyst/848449078?pwd=RQy4WSHT. Upon… Read More
The Port of Los Angeles has appointed Alvin Chu as Director of its Internal Audit Division, where he will oversee a comprehensive audit programme designed to identify risk, promote efficiency and advocate for responsible stewardship of port resources. Chu brings 19 years of auditing experience spanning both public and private sectors. He most recently served… Read More
Manson earned top honors at the Western Dredging Association’s (WEDA) Dredging Summit & Expo in Montréal, Canada, bringing home two awards that recognize our continued commitment to safety and leadership in the dredging industry. Manson received the 2026 Safety Excellence Award – Contractor, which honors organizations that demonstrate proactive approaches to raising safety awareness in… Read More
By Lynda Yezzi A key leadership transition took place this month as Maj. Cristina Palomino assumed duties as deputy commander of the Latin America & Caribbean District, succeeding Maj. Ricardo Herrero, who will move into a new role within the district’s Programs and Project Management Division. As Deputy Commander, Maj. Palomino will help lead the Corps’ first district… Read More
ARLINGTON, Va., (Aug. 6, 2026) — HII (NYSE: HII) announced today long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the development and deployment of advanced physical AI automation across U.S. Navy shipbuilding programs, including aircraft carriers, submarines, destroyers, amphibious ships, future frigates… Read More
HOUSTON and CHANGWON, South Korea, Aug. 4, 2026 /PRNewswire/ — McDermott and Doosan Enerbility have signed a memorandum of understanding (MOU) to explore potential strategic collaboration opportunities in the power generation market. The agreement establishes a framework for the companies to jointly evaluate and pursue projects involving gas turbines, generators and related power generation equipment and services…. Read More
By Jarrett Renshaw and Arathy Somasekhar WASHINGTON/HOUSTON, Aug 4 (Reuters) – The White House is expected to extend a waiver of the century-old Jones Act in the coming days, sources say, reaching for one of the few tools it has to try and hold down gasoline prices as President Donald Trump escalates his attacks on Exxon Mobil and Chevron for making… Read More
Anduril Industries is in advanced discussions to establish a production facility for autonomous surface vessels at Maryland’s Tradepoint Atlantic industrial complex, The Wall Street Journal reported Tuesday, citing people familiar with the negotiations, as the defense technology company expands manufacturing to meet growing military demand. The proposed project would redevelop part of the former Sparrows Point… Read More
By: Kirsten Martel for Elliott Bay Design Group Every successful vessel construction project relies on more than a well-developed design. Before steel or aluminum is cut, engineering concepts must be transformed into detailed production information that shipyards need to fabricate, assemble, and construct a vessel efficiently and accurately. That transformation occurs through lofting. Lofting involves… Read More