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Navy Shipbuilding Crisis: GAO Finds Billions Spent Without Strategy as Fleet Goals Remain Unmet
Shipbuilding
March 4, 2025
From 
Mike Schuler
 via 
gCaptain

Navy Shipbuilding Crisis: GAO Finds Billions Spent Without Strategy as Fleet Goals Remain Unmet

The U.S. Navy continues to fall short of its fleet expansion goals despite investing billions in private shipbuilding and repair companies, according to a new Government Accountability Office (GAO) report....
WinGD Delivers World’s Largest Methanol-Fueled Marine Engine
Shipbuilding
February 27, 2025
From 
Mike Schuler
 via 
gCaptain

WinGD Delivers World’s Largest Methanol-Fueled Marine Engine

Swiss marine power company WinGD has reached a significant milestone with its first methanol-fueled engine passing factory and type approval tests and now heading for shipyard delivery. The ten-cylinder, 92-bore...
Trump Administration Proposes Massive Port Fees on Chinese-Built Vessels
Shipbuilding
February 24, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Proposes Massive Port Fees on Chinese-Built Vessels

The Office of the United States Trade Representative (USTR) has announced sweeping new measures targeting China’s growing dominance in global maritime sectors, including potential fees of up to $1.5 million...
MSC’s Record-Breaking Orderbook Sails Past 2M TEUs
Shipbuilding
February 24, 2025
From 
The Loadstar
 via 
gCaptain

MSC’s Record-Breaking Orderbook Sails Past 2M TEUs

MSC has returned to Zhoushan Changhong International Shipyard for up to eight 21,700 teu LNG dual-fuelled ships, as the Swiss-Italian carrier consolidates its pole position among liner operators.
Trump Administration Proposes Massive Port Fees on Chinese-Built Vessels
Shipbuilding
February 24, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Proposes Massive Port Fees on Chinese-Built Vessels

The Office of the United States Trade Representative (USTR) has announced sweeping new measures targeting China’s growing dominance in global maritime sectors, including potential fees of up to $1.5 million...
Trump Proposes New Ship Fees To Challenge China’s Maritime Might
Shipbuilding
February 22, 2025
From 
Bloomberg
 via 
gCaptain

Trump Proposes New Ship Fees To Challenge China’s Maritime Might

By Jenny Leonard and Jennifer A. Dlouhy Feb 21, 2025 (Bloomberg) –The Trump administration is proposing fees on the use of China’s commercial ships it says could help counter the country’s...
‘We Are Back’ Greek Shipyards Say After Decades of Pain
Shipbuilding
February 18, 2025
From 
Reuters
 via 
gCaptain

‘We Are Back’ Greek Shipyards Say After Decades of Pain

The sound of hammer blows and welding drifted from the Skaramangas Shipyard near Athens last month as workers repaired the bow of a large tanker, while other vessels waited to be fixed in a dry dock nearby.
Maersk and Cochin Shipyard Sign Strategic MoU to Boost India’s Maritime Ambitions
Shipbuilding
February 17, 2025
From 
Mike Schuler
 via 
gCaptain

Maersk and Cochin Shipyard Sign Strategic MoU to Boost India’s Maritime Ambitions

A.P. Moller-Maersk and Cochin Shipyard Limited (CSL) have signed a strategic Memorandum of Understanding to strengthen India’s position in the global maritime sector, marking a significant step toward the country’s...
Evergreen Expands Fleet with $3B Order for 24,000 TEU Behemoths
Shipbuilding
February 14, 2025
From 
The Loadstar
 via 
gCaptain

Evergreen Expands Fleet with $3B Order for 24,000 TEU Behemoths

Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large containerships.
India To Set Up $3-Bln Maritime Development Fund For Shipping Industry
Shipbuilding
February 1, 2025
From 
Reuters
 via 
gCaptain

India To Set Up $3-Bln Maritime Development Fund For Shipping Industry

By Nidhi Verma NEW DELHI, Feb 1 (Reuters) – India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country’s shipbuilding and repair industry, Finance Minister...
USTR Investigation Finds China’s Maritime Playbook ‘Unreasonable’ as U.S. Shipbuilding Hits Historic Low
Shipbuilding
January 17, 2025
From 
Mike Schuler
 via 
gCaptain

USTR Investigation Finds China’s Maritime Playbook ‘Unreasonable’ as U.S. Shipbuilding Hits Historic Low

The U.S. Trade Representative (USTR) has issued a landmark finding, concluding that China’s aggressive targeting of the maritime, logistics, and shipbuilding sectors constitutes an “unreasonable” practice under Section 301 of...
Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard Contract
Shipbuilding
January 16, 2025
From 
Mike Schuler
 via 
gCaptain

Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard Contract

Bollinger Shipyards LLC, a major U.S. shipbuilding contractor based in Lockport, Louisiana, has agreed to pay $1,025,000 to settle allegations of False Claims Act violations related to billing the U.S....