Hanwha Philly Shipyard has secured a $269 million contract to build a Medium Landing Ship (LSM) for the U.S. Navy and Marine Corps, marking a major milestone in the South...

South Korea’s push to help rebuild the American shipbuilding industry is moving beyond investments in existing shipyards and toward the development of entirely new production capacity. The latest example comes...

China has further cemented its dominance of global shipbuilding, capturing nearly three-quarters of new orders over the past year as the industry’s order book approaches record levels, according to new...

JPMorganChase has appointed two senior leaders to help expand its support for U.S. shipbuilding and the maritime industry under its $1.5 trillion Security and Resiliency Initiative (SRI), a 10-year effort...

The European Union has imposed sanctions on some of Russia’s most important shipyards, including major submarine builders, naval ship-repair facilities and yards involved in commercial vessel construction, as part of...

Saronic Technologies has broken ground on its planned $3 billion Port Alpha shipyard in Brownsville, moving one of the largest new U.S. shipbuilding projects in decades from the planning stage...

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal government and the state of Lower Saxony, according to people familiar with the matter.

he American Great Lakes Ports Association (AGLPA) and the Great Lakes Alliance of Shipyards (GLAS) have signed a new agreement aimed at strengthening shipbuilding, port infrastructure and maritime commerce across...

Canada is committing more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard, the country’s biggest shipbuilding contract in Quebec’s history, as Arctic nations race to replace aging fleets and expand their ability to operate in increasingly strategic northern waters.

Davie’s Helsinki Shipyard has won a contract to build Finland’s newest icebreaker, adding another vessel to a rapidly expanding order book for the Canadian shipbuilder’s Finnish operations as governments on both sides of the Atlantic seek to renew aging icebreaker fleets.

Antin Infrastructure Partners has completed its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds, bringing one of the largest U.S. ship repair and marine services groups...

Shares of South Korea's Hanwha Group and Italy's Fincantieri rose on Friday after President Donald Trump's directive opening U.S. Navy shipbuilding to overseas yards.