SEOUL, May 5 (Reuters) – South Korean shipbuilder Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ($2.91 billion) by 2030 and hopes to pick up...

The SHIPS for America Act is back—and this time, it’s bigger, broader, and backed by a second companion bill aimed squarely at tax reform. Introduced today by Senators Mark Kelly...

America’s long-neglected maritime sector is suddenly sailing into the policy spotlight—on parallel tracks. In a matter of weeks, both the White House and Congress have launched sweeping efforts to reverse...

Endorsements are flooding in behind the newly reintroduced SHIPS for America Act, bipartisan legislation designed to restore America’s maritime strength and revitalize its shipbuilding industrial base. With support from virtually every...

The SHIPS for America Act, introduced today by Senators Mark Kelly and Todd Young and Representatives Trent Kelly and John Garamendi, proposes a sweeping overhaul of U.S. maritime policy aimed at...

A bipartisan group of legislators has re-introduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act. The landmark legislation, spearheaded by Senators Mark Kelly (D-AZ) and...

Orient Overseas (International) Limited (OOCL) has signed contracts for the construction of fourteen new containerships equipped with methanol dual-fuel engines, marking a significant step in the company’s fleet expansion. The...

The nation’s output has left competitors in its wake, but a reckoning was always likely, writes MSI’s Stuart Nicolls. By Stuart Nicoll (MSI) – With data for activity in the...

A South Korean shipbuilder plans to construct the first US-built liquefied natural gas tanker, following sweeping recommendations from a US trade agency that would tax ships made in China and aim to combat the Asian nation’s dominance in the industry.

By Bloomberg News Apr 19, 2025 (Bloomberg) –The China Shipowners Association said it will continue to “actively communicate” with the US and other relevant parties about the Trump administration’s proposed levies...

Autonomous vessel developer Saronic announced today the acquisition of Louisiana-based Gulf Craft, marking a significant expansion into autonomous shipbuilding. The acquisition provides Saronic with a strategically located Gulf Coast shipyard...

President Donald Trump has signed a sweeping executive order aimed at revitalizing America’s struggling shipbuilding industry, strengthening its maritime workforce, and expanding the nation’s global shipping presence. The executive order,...