Hanwha Philly Shipyard, Inc. (HPSI), a wholly-owned U.S. subsidiary of Hanwha Systems and Hanwha Ocean, and Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today marked an important milestone in the construction of the first of three new “Aloha Class” containerships to be delivered to Matson in 2027 and 2028. Matson plans to deploy… Read More
Technology group Wärtsilä will supply a 68-megawatt (MW) battery energy storage system in Lerwick, Shetland, under an Engineered Equipment Delivery (EEQ) contract to Zenobē, the UK’s leading owner and operator of grid-scale battery storage. Known as The Shetland Standby Project, the initiative will enhance energy security, reduce emissions, and support the islands’ transition to a… Read More
Austal Limited announced that it has finalised its Strategic Shipbuilding Agreement (SSA) with the Commonwealth of Australia, which will appoint a newly created Special Purpose Vehicle and Austal subsidiary, Austal Defence Shipbuilding Australia (“Austal Defence Australia”), as the Commonwealth’s strategic shipbuilder for Tier 2 surface combatants at Henderson, Western Australia The Commonwealth Government has now… Read More
WASHINGTON — A bipartisan group of New England lawmakers has introduced a bill in Congress to protect the shipbuilding workforce. U.S. Senators Jeanne Shaheen (D-N.H.), a senior member of the U.S. Senate Armed Services Committee and co-chair of the U.S. Senate Navy Caucus, Maggie Hassan (D-N.H.), Susan Collins (R-Maine) and Angus King (I-Maine) introduced the Protecting Public… Read More
For decades the United States Navy’s and Coast Guard’s fleets have been shrinking despite their increasing necessity. From the Gulf of America to the Bab-el-Mandeb Strait and beyond, US maritime forces have had to defend America and its allies with older and fewer ships and aircraft. The recently passed One Big Beautiful Bill Act will… Read More