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CMA CGM Announces Massive $20 Billion Investment in U.S. Maritime Industry, Shipbuilding
Shipbuilding
March 6, 2025
From 
Mike Schuler
 via 
gCaptain

CMA CGM Announces Massive $20 Billion Investment in U.S. Maritime Industry, Shipbuilding

French shipping giant CMA CGM Group has unveiled a landmark $20 billion investment plan to strengthen America’s maritime transportation, logistics, and supply chain capabilities over the next four years. The...
Trump Preparing Executive Order to Strengthen U.S. Shipbuilding
Shipbuilding
March 5, 2025
From 
Reuters
 via 
gCaptain

Trump Preparing Executive Order to Strengthen U.S. Shipbuilding

U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the $150 billion global ocean shipping industry and countering its rising naval power.
NSMV Program Nears Completion as White House Prioritizes Restoring American Shipbuilding Might
Shipbuilding
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

NSMV Program Nears Completion as White House Prioritizes Restoring American Shipbuilding Might

As the White House moves to bolster American shipbuilding, the U.S. Department of Transportation’s Maritime Administration (MARAD) marked a major milestone today with the keel laying of the fifth and...
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.