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Headlines heralded the announcement this week of an order for a liquefied natural gas (LNG) vessel to be built at a Philadelphia shipyard, the first of its kind in the U.S. in almost 50 years. Hanwha Ocean and Hanwha Philly Shipyard, companies under a related corporate structure, will construct the ship under a joint-build model,… Read More
The contract aligns with the US government’s efforts to revitalize the domestic shipbuilding industry Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, marking the first order by a US shipyard for an export-bound LNG vessel in nearly 50 years…. Read More
Available until 2030, the funding supports multiple efforts, including Columbia and Virginia-class submarines, Arleigh-class destroyers and Ford-class carriers. In an attempt to reduce delays across multiple maritime procurement efforts, the US House of Representatives on 18 July passed a nearly US$37 billion investment in shipbuilding programmes as part of the FY2026 Defence Bill. If approved by the US… Read More
President Trump wants to bring shipbuilding back to the U.S., in large part to counter China’s dominance. But turning that into reality will mean rebuilding an entire industry from the ground up. Transcript STEVE INSKEEP, HOST: President Trump wants to turn the United States into a great shipbuilding nation again. Earlier this year, he signed… Read More
Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, today announced a major milestone in its Offshore Energy strategy with the recent launch of the Acadia at Hanwha Philly Shipyard. The Acadia is the first U.S flagged, Jones Act-compliant subsea rock… Read More
SEOUL, July 20 (Yonhap) — Hanwha Philly Shipyard, owned by South Korea’s chemicals-to-shipbuilding conglomerate Hanwha Group, is considering bidding for the U.S. Navy’s combat support ship construction project, the group said Sunday. At a recent media briefing in Philadelphia, the shipyard’s CEO David Kim said Hanwha is in “discussions” about participating in the project. An… Read More
Fincantieri, the Italian shipbuilding giant behind the U.S. Navy’s Constellation-class frigates, hosted a high-profile event in Washington, D.C. this week, calling for a renewed focus on rebuilding America’s maritime industrial base. The event, titled “FULL SPEED AHEAD: The U.S. Shipbuilding Renaissance,” brought together senior government officials, defense experts, and industry leaders to discuss the future… Read More
A consortium of Finnish and Canadian firms aims to construct two medium-sized Arctic Security Cutter icebreakers for the U.S. Coast Guard. According to reports Finland’s Rauma Marine Construction (RMC) is proposing to team up with Canadian builder Seaspan. RMC would adapt and build Seaspan’s Multi-Purpose Icebreaker (MPI) design under license as bases for the Arctic… Read More
South Korea intends to promote co-operation with the US in the shipbuilding industry in earnest in the second half of the year, with the aim to achieve growth that benefits the entire industry The government has admitted that the US wants South Korea to join forces with them to counter China in shipbuilding THE South… Read More
Mobile, Ala. – Austal USA delivered the future USS Pierre (LCS 38) to the U.S. Navy today, the second ship delivered by Austal USA to the Navy in less than a month. LCS 38 is the 19th Independence-variant Littoral Combat Ship (LCS) delivered by the company and is the last of the Independence-variants that will be delivered…. Read More
Imagine being able to walk through every deck, visually inspect every system, and examine every corner of a vessel without ever stepping onboard. At Elliott Bay Design Group (EBDG), this is not just a vision for the future; it is the reality we deliver every day to our clients. EBDG’s use of advanced 3D scanning… Read More
Jeanerette, LA – July 15th, 2025: Boat builder Metal Shark has announced the delivery of a new 40’ x 12’ welded aluminum monohull pilothouse fireboat to Tampa Fire Rescue. Designed in-house by Metal Shark and built at the company’s Jeanerette, Louisiana production facility, the new vessel is the first of two next-generation 38 Defiant NXT fireboats being built… Read More
LOS ANGELES – U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump’s administration to follow through on a promise to essentially ban that vital cargo-handling equipment. The United States Trade Representative (USTR) earlier this year proposed tariffs of up to 100% on… Read More
Department of Homeland Security Secretary Kristi Noem announced yesterday the partial termination of a contract with Eastern Shipbuilding Group (ESG) for two Offshore Patrol Cutters (OPCs), citing significant delays and cost concerns. “This Administration is unwavering in its commitment to the American taxpayer and to a strong, ready Coast Guard,” said a Senior Homeland Security… Read More
Trump signed an executive order in April to restore ‘America’s maritime dominance’ – but needs Asian investment to do it The White House is eyeing a trade deal with South Korea in return for investment in US shipbuilding. Howard Lutnick, the US Commerce secretary, held tariff negotiations with his South Korean counterpart in Washington on Thursday where they… Read More