LONDON, May 27 (Reuters) – Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially paving the way for Washington to reduce the shadow fleet of...

The U.S. Coast Guard’s ambitious Arctic fleet expansion took another major step forward Wednesday as Davie Defense announced it has finalized a $3.5 billion contract to build five new Arctic...

Italian shipbuilding giant Fincantieri reported a record backlog and stronger profitability in the first quarter of 2026, underscoring continued strength in the cruise and naval shipbuilding markets even as defense revenues normalized...

Matson’s $1 billion Aloha Class fleet renewal program reached another major milestone Tuesday as Hanwha Philly Shipyard advanced construction on the second and third LNG-powered containerships destined for the Jones...

A rare joint House hearing on Wednesday laid bare both the ambition and the friction behind Washington’s growing push to revive American shipbuilding, as administration officials promoted an expansive maritime...

The global shipping order book has climbed to its highest level in nearly two decades, as a wave of tanker contracting and sustained newbuilding demand across the 2020s continues to...

Russia’s largest independent gas producer Novatek has registered a new shipbuilding and engineering subsidiary, as the country seeks to ease a shortage of ice-capable vessels critical to its Arctic LNG ambitions, Russian media reported.

The U.S. shipbuilding crisis broke into the national spotlight this week as 60 Minutes took a closer look at the growing gap between American shipyards and their Asian rivals—something maritime industry insiders...

China’s nuclear regulator has granted Jiangnan Shipyard (Group) Co., Ltd. approval to manufacture and install key civil nuclear safety equipment, a move that could signal progress on a new generation of nuclear-powered maritime platforms, from experimental container ships to polar icebreakers.

Seaspan Shipyards has awarded a $1.5 million contract to Alberta-based Confined Space Robotics to develop semiautonomous systems for blast and paint operations, marking a significant push toward automation in one of shipbuilding’s most hazardous and labor-intensive processes.

Eastern Shipbuilding Group has received the Notice to Proceed from Washington State Ferries (WSF) to build two new 160-vehicle hybrid-electric ferries for the State of Washington, with an option for...

By William Wilkes (Bloomberg) –Thyssenkrupp AG is moving to cut loose its warship unit, hoping to ride a surge in European defense spending while stepping back from a business that has...