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Washington State Awards $714.5 Million Ferry Contract to Eastern Shipbuilding
Shipbuilding
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

Washington State Awards $714.5 Million Ferry Contract to Eastern Shipbuilding

Washington Governor Bob Ferguson has selected Florida-based Eastern Shipbuilding Group to build three new 160-vehicle hybrid-electric ferries in a contract valued at $714.5 million. The Washington State Ferries (WSF) will...
GAO Report Reveals Critical Gaps in Maritime Administration’s Shipbuilding Support Programs
Shipbuilding
July 2, 2025
From 
Mike Schuler
 via 
gCaptain

GAO Report Reveals Critical Gaps in Maritime Administration’s Shipbuilding Support Programs

A recent Government Accountability Office (GAO) report has found that despite having four financial assistance programs designed to bolster U.S. shipbuilding, the Maritime Administration (MARAD) lacks proper performance metrics to...
Italy’s Fincantieri Swaps Cruise Ships for Warships in Defense Bid
Shipbuilding
June 30, 2025
From 
Bloomberg
 via 
gCaptain

Italy’s Fincantieri Swaps Cruise Ships for Warships in Defense Bid

Fincantieri SpA plans to focus some Italian civil and military shipyards on just making warships, in the latest sign that Europe’s defense-spending bonanza is reshaping industrial strategy.
Report: Hanwha Moves to Reflag Korean-Built LNG Carriers Under U.S. Flag
Shipbuilding
June 30, 2025
From 
Mike Schuler
 via 
gCaptain

Report: Hanwha Moves to Reflag Korean-Built LNG Carriers Under U.S. Flag

Hanwha Ocean’s U.S. shipping affiliate has announced plans to reflag Korean-built liquefied natural gas (LNG) vessels to the U.S. flag, according to a Business Korea report. This move follows recent...
Edison Chouest, HD Hyundai Team Up to Bring Dual-Fuel Containership Construction to U.S.
Shipbuilding
June 23, 2025
From 
Mike Schuler
 via 
gCaptain

Edison Chouest, HD Hyundai Team Up to Bring Dual-Fuel Containership Construction to U.S.

South Korean shipbuilder HD Hyundai has entered into a strategic partnership with Edison Chouest Offshore (ECO) to construct commercial vessels in the United States. The partnership, formalized at ECO’s New...
Maersk Names First of Six New 17,480 TEU Methanol-Powered Containerships
Shipbuilding
June 20, 2025
From 
Mike Schuler
 via 
gCaptain

Maersk Names First of Six New 17,480 TEU Methanol-Powered Containerships

A.P. Moller – Maersk has named its newest and largest dual-fuel containership, the Berlin Mærsk, during a ceremony at Hyundai Heavy Industries’ shipyard in Ulsan, South Korea on Wednesday. The...
Vigor Marine Group Combines Key U.S. Shipyards, Strengthening Domestic Maritime Capability
Shipbuilding
June 19, 2025
From 
Mike Schuler
 via 
gCaptain

Vigor Marine Group Combines Key U.S. Shipyards, Strengthening Domestic Maritime Capability

In a major consolidation move aimed at boosting America’s commercial and defense maritime capabilities, five prominent U.S. ship repair and marine service providers — Vigor, Continental Maritime of San Diego,...
Samsung Cancels Order For Icebreaking Gas Carriers For Russia’s Sanctioned Arctic LNG 2 Project
Shipbuilding
June 19, 2025
From 
Malte Humpert
 via 
gCaptain

Samsung Cancels Order For Icebreaking Gas Carriers For Russia’s Sanctioned Arctic LNG 2 Project

South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract to build icebreaking LNG carriers in partnership with Russia’s Zvezda shipyard. The ships were intended for transport of liquefied...
Nuclear-Powered Cargo Ships Promise Cleaner, Faster Transport
Shipbuilding
June 18, 2025
From 
Bloomberg
 via 
gCaptain

Nuclear-Powered Cargo Ships Promise Cleaner, Faster Transport

(Bloomberg) — The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than...
Florida Shipyard Lands First-Ever U.S. Navy Contract in Pivot from Offshore Wind
Shipbuilding
May 29, 2025
From 
Mike Schuler
 via 
gCaptain

Florida Shipyard Lands First-Ever U.S. Navy Contract in Pivot from Offshore Wind

St. Johns Ship Building, a Florida-based shipyard owned by Americraft Marine, has been awarded its first U.S. Navy shipbuilding contract to construct a Dive Support Vessel (DSV). The contract marks...
Report: Hanwha Plans Major Investment in Philly Shipyard, Sets Sights on LNG Carriers
Shipbuilding
May 20, 2025
From 
Mike Schuler
 via 
gCaptain

Report: Hanwha Plans Major Investment in Philly Shipyard, Sets Sights on LNG Carriers

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...
Russia to Spend $6bn To Jumpstart Domestic Shipbuilding, Includes 130 Vessels for Arctic
Shipbuilding
May 14, 2025
From 
Malte Humpert
 via 
gCaptain

Russia to Spend $6bn To Jumpstart Domestic Shipbuilding, Includes 130 Vessels for Arctic

Russia has announced a RUB 500bn ($6bn) plan to revitalize domestic shipbuilding. The National Strategy for the Development of the Shipbuilding Industry outlines an extensive program to add 1,637 merchant vessels to its fleet by 2036.