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San Diego-based Flagship Cruises and Events has been awarded a $15.27 million grant from the California Air Resources Board (CARB) to develop two fully electric zero emission ferries to serve the San Diego to Coronado route. The CARB Advanced Technology Demonstration and Pilot Project grant is part of California Climate Investments, a statewide initiative that… Read More
Smaller to mid-sized ship operators and ports could be put out of business by proposed port charges on China-built vessels by the United States Trade Representative (USTR). The recommendations of the United States Trade Representative (USTR) to impose fees on port calls of vessels built in China or operated by Chinese-linked entities, imprecisely defined, has… Read More
LOS ANGELES – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply chain chaos around the world, executives told Reuters. Trump’s administration aims to pay for an American shipbuilding comeback with help from potentially hefty port fees on Chinese-built vessels as well as ships from… Read More
On March 5, 2025, the American Waterways Operators released the following statement commending President Trump’s Executive Order on Shipbuilding as announced during his Address to Congress: “As the largest segment of U.S. maritime, the American tugboat, towboat and barge industry welcomes President Trump’s focus on American shipbuilding and maritime commerce as a pillar of our… Read More
NEW RICHMOND, WI – The IMS Versi-Dredge has always been a useful tool for dredging contractors around the world, but a trend has emerged with many contractors owning multiple Versi-Dredge units. Over the past few decades some contractors have owned up to 10 or more dredges like Dredge America and Merrell Bros. In this article we… Read More
Following is a verbatim quote from the President’s speech on Tuesday night, March 4: We want to be protected, and we are going to protect our citizens like never before. To boost our defense industrial base we are also going to resurrect the American shipbuilding industry, including commercial shipbuilding and military shipbuilding. And for that… Read More
New nuclear reactor technology represents a once in a generation opportunity for US industrial policy according to ABS Chairman and CEO Christopher J. Wiernicki, who believes vessels propelled by advanced small modular reactors (SMR) could act as a catalyst for the revitalisation of US shipbuilding. Wiernicki added that the next step is development of a… Read More
Seatrium has commenced sea trials for Charybdis, the first Jones Act-compliant Wind Turbine Installation Vessel (WTIV) constructed in the United States, according to the company’s release. The vessel, commissioned by Dominion Energy, is undergoing trials following the completion of jacking trials and main crane load testing. The Charybdis, under construction at Seatrium’s AmFELS shipyard in… Read More
AUSTIN, Texas, Feb. 18, 2025 /PRNewswire/ — Saronic Technologies today announced it has closed $600 million of funding for its Series C round to advance its mission of redefining maritime superiority for the United States and its allies. The round was led by Elad Gil and values the company at $4 billion. This most recent round quadrupled Saronic’s valuation just seven months after the company… Read More
President Donald Trump has given Elon Musk’s DOGE a new target — the Department of Defense. The White House expects it to find billions of dollars in waste, including in what his national security adviser called the “absolute mess” in US shipbuilding. This opens the door to DOGE cost-cutters trying to fire their way to efficiency in… Read More
Competition with China has compelled policymakers to reexamine the state of U.S. shipbuilding. In the American way of shipbuilding, the best way to expand shipyards’ industrial base and workforce is to place orders for new ships. While appropriations for new warships always fluctuate between peacetime and war, the cyclical history of U.S. shipbuilding may suggest… Read More
We are thrilled to share the completion of two custom-designed cutter ladders for C&C Marine. In close cooperation with our customer, we were able to complete a detailed design of the dredger and delivery of the main dredging components including the dredge automation package. Additionally, we organized the special transport of the ladders for delivery… Read More
Former navy undersecretary Erik Raven lays out his recommendation for how Trump administration can push ahead on shipbuilding. As the Trump administration’s national security team takes office, shipbuilding will clearly be a top priority for the Pentagon, the National Security Council, and even the president himself. The reason for this focus is simple. China is leveraging its booming commercial… Read More
Waterloo, Iowa, 22 January, 2025 — Deere & Company (NYSE: DE) announced today the unveiling of new engines — the JD14 and JD18 marine engines. With the addition of these engines, John Deere will be able to offer marine customers heavier duty cycles* and a more comprehensive power range, from 298 up to 599 kW (400 up… Read More
Amid the hue and cry in the Washington for tariffs to be levied against China due to its trade imbalance President Trump is also targeting claimed influence in the Panama Canal and its dominance in shipbuilding and the wider maritime sector. Katherine Tai the Ambassador at the US Trade Representative said: “Beijing’s targeted dominance of these sectors undermines fair,… Read More