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It's on us. Share your news here.
In two hearings on Tuesday, legislators in the House and Senate told Pentagon and Navy leadership the planned $20.8 billion budget for shipbuilding in the proposed Fiscal Year 2026 is insufficient, with the House defense appropriators proposing boosting the total to $36.9 billion in a draft spending bill. Sen. Roger Wicker (R-Miss.) called the funding… Read More
SAVANNAH, Ga., June 6, 2025 – Moran Towing Company has added a new tugboat to its fleet at the Port of Brunswick. The Shiney V. Moran joins the Diane Moran as the company’s two newest tugs supporting Brunswick ship operations. In 2024, GPA’s Brunswick terminals handled 733 vessel calls, including 614 from Roll-on/Roll-off vessels, 89 breakbulk carriers and… Read More
The U.S. Navy desperately needs help. Today, it maintains fewer than 300 ships—a staggering fall from the 1,200 it boasted at the end of World War II. The shipbuilding industry is in similar lackluster condition, having been in decline for decades. Currently, the Navy operates only four shipyards, with all others having closed. Those that are active are old, underfunded,… Read More
Vigor Marine Seattle, the Pacific Northwest’s premier ship maintenance and modernization company, today announced the successful completion of the Wenatchee hybrid-electric conversion project, marking a major milestone in Washington State Ferries’ (WSF) effort to modernize its aging fleet and reduce carbon emissions. The 202-vehicle Wenatchee, one of the three largest ferries in the WSF system and now… Read More
Our February issue went deep on the topic of shipbuilding. A month later, the President promised to revitalize American shipbuilding in a speech to Congress. (A nice coincidence, but we don’t take credit for the speech.) This month, our coverage of this vital topic continues. In “Technological Innovation Is the Key to Shipbuilding Capacity,” Navy… Read More
The U.S. naval shipbuilding crisis imperils national security and undercuts economic vitality. But it is not a new problem—Mike Petters wrote a Proceedings article almost 20 years ago titled “American Shipbuilding: An Industry in Crisis.” The problem persists, and confronting it is more important than ever. I have witnessed the evolution of the U.S. shipbuilding industry throughout my… Read More
When Pennsylvania Sen. Dave McCormick and Transportation Secretary Sean Duffy visited Philly Shipyard, they did more than highlight Philadelphia’s leading role in the Trump administration’s effort to revitalize the American shipbuilding industry. They emphasized the positive economic effect this effort will have at Philly Shipyard: “We’re going to go from 1,500 employees across multiple sites here to many… Read More
[May 28, 2025; Palatka, Florida] St. Johns Ship Building, a leading Florida-based shipyard owned by Americraft Marine, proudly announces the award of its first U.S. Navy shipbuilding contract to construct a Dive Support Vessel (DSV). This significant milestone underscores the shipyard’s growing capability and alignment with national efforts to enhance domestic maritime industrial capacity, as championed by… Read More
U.S. looks to restrict Chinese crane imports, paving the way for Korean firms in the industry The United States views Chinese-made cranes occupying local ports as a national security threat, and domestic port crane companies such as HD Hyundai Samho, Doosan Enerbility, and HJ Shipbuilding & Construction are eyeing new opportunities. A port crane is… Read More
Technology group Wärtsilä will supply its Wärtsilä 20 main engine and selective catalytic reduction (SCR) system for a new 40.9-metre long state-of-the-art fishing vessel, specifically designed for lobster fishing. The vessel, which will operate in North Atlantic waters, has been ordered by Canadian operator Clearwater Seafoods and will be built at the Hvide Sande Shipyard in Denmark…. Read More
The US-China rivalry has hit the high seas, with shipbuilding emerging as a crucial theatre of economic and military competition While the Trump administration may appear focused on trade, tariffs, and maximising economic gains, recent moves suggest otherwise. Steps taken in the last 100 days indicate that the United States (US)-China competition—particularly in the maritime… Read More
South Korean conglomerate Hanwha Group is reportedly planning a major investment for improvements at its recently acquired Philly Shipyard, with plans to produce the U.S.-built LNG carriers. According to Korean newspaper JoongAng Ilbo, the $72 million investment will help transform the U.S. shipyard into a high-tech facility capable of producing up to 10 vessels annually by… Read More
Windea CTV, a partnership of Hornblower Wind and MidOcean Wind, has taken delivery of the third vessel in a series of windfarm crewboats to be built by St Johns Ship Building (SJSB) of Palatka, Florida. Windea Reliance is a sister of Windea Courageous, which was delivered by SJSB in January 2024, and Windea Enterprise, which was handed over later that… Read More
ROME — The CEO of shipbuilder Fincantieri has claimed the Italian state- controlled yard can be a catalyst in President Donald Trump’s shake-up of U.S. naval shipbuilding. Pierroberto Folgiero said Fincantieri could “enable and support a kind of renaissance of shipbuilding in the U.S.” Speaking to analysts on Monday, the Italian manager added that Trump’s… Read More
U.S. Sen. Todd Young, known for co-authoring and heading up support for the $280 billion CHIPS and Science Act to boost the U.S. semiconductor industry, is now turning his focus to his SHIPS for America bill. Young, R-Indiana, and fellow Sen. Mark Kelly, D-Arizona, reintroduced legislation April 30 to jumpstart the country’s “rusted” shipbuilding industry… Read More