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Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.
Shipbuilding
December 20, 2024
From 
Mike Schuler
 via 
gCaptain

Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.

South Korean conglomerate Hanwha Group has completed its $100 million acquisition of Philly Shipyard through its subsidiaries Hanwha Systems and Hanwha Ocean, marking a historic moment as the first Korean...
Shipyard Squeeze: Shipping’s $188B Ordering Spree is Overloading Global Capacity
Shipbuilding
December 19, 2024
From 
Bloomberg
 via 
gCaptain

Shipyard Squeeze: Shipping’s $188B Ordering Spree is Overloading Global Capacity

The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to construct new vessels.
Spain’s Navantia Rescues Historic Shipyard Harland & Wolff from the Brink
Shipbuilding
December 19, 2024
From 
Reuters
 via 
gCaptain

Spain’s Navantia Rescues Historic Shipyard Harland & Wolff from the Brink

Spanish state-held shipbuilder Navantia will acquire the shipyards of Britain's Harland & Wolff, the Belfast-based company best known for building the Titanic, the British government said on Thursday.
China Dominates Global Containership Construction as Korean Shipyards Face Decline
Shipbuilding
December 17, 2024
From 
Mike Schuler
 via 
gCaptain

China Dominates Global Containership Construction as Korean Shipyards Face Decline

Chinese shipyards have solidified their dominance in the construction of containerships, commanding an impressive 68.5% of the global boxship orderbook capacity, according to Alphaliner. This transformation marks a dramatic reversal...
Russia’s Nuclear Icebreaker Fleet Now Largest Ever as Eighth Vessel Begins Sea Trials
Shipbuilding
December 4, 2024
From 
Malte Humpert
 via 
gCaptain

Russia’s Nuclear Icebreaker Fleet Now Largest Ever as Eighth Vessel Begins Sea Trials

Russia’s fleet of powerful nuclear icebreakers is now eight vessels-strong, surpassing previous high points reached in the 1990s and 2000s.
Austal Tapped to Build Australia’s New Heavy Landing Craft
Shipbuilding
November 26, 2024
From 
Mike Schuler
 via 
gCaptain

Austal Tapped to Build Australia’s New Heavy Landing Craft

Austal Limited (ASX: ASB) has been selected to construct eight Landing Craft Heavy vessels based on Damen’s Landing Ship Transport 100 (LST100) design. The vessels will be built at the...
VARD Secures Major Contract for Five Advanced Walk-to-Work Vessels in Offshore Energy Sector
Shipbuilding
November 21, 2024
From 
Mike Schuler
 via 
gCaptain

VARD Secures Major Contract for Five Advanced Walk-to-Work Vessels in Offshore Energy Sector

VARD has secured a contract to design and construct five state-of-the-art Walk-to-work vessels for an international client. The vessels, based on the VARD 3 32 design, will serve offshore platforms...
Hapag-Lloyd Orders 24 Dual-Fuel Containerships for $4 Billion
Shipbuilding
November 6, 2024
From 
Mike Schuler
 via 
gCaptain

Hapag-Lloyd Orders 24 Dual-Fuel Containerships for $4 Billion

German liner Hapag-Lloyd has inked contracts with two prominent Chinese shipyards for 24 new state-of-the-art containerships valued at around US $4 billion The ambitious order includes 12 vessels from Yangzijiang...
Kleven Shipyard Marks New Construction Return
Shipbuilding
October 14, 2024
From 
Mike Schuler
 via 
gCaptain

Kleven Shipyard Marks New Construction Return

Green Yard Kleven has inked a shipbuilding contract with Romanian energy giant OMV Petrom S.A. for a new “Field Support Vessel” destined for the Neptun Deep project. This contract marks...
Mass Maritime Academy Welcomes New Training Ship ‘Patriot State’ to Buzzards Bay
Shipbuilding
October 14, 2024
From 
Mike Schuler
 via 
gCaptain

Mass Maritime Academy Welcomes New Training Ship ‘Patriot State’ to Buzzards Bay

The Massachusetts Maritime Academy celebrated the arrival of its new training ship, the Patriot State, in Buzzards Bay on Friday. This delivery marks a significant milestone in the U.S. Maritime...
Philly Shipyard Cuts Steel on First of Three LNG-Fueled Containerships for Matson
Shipbuilding
October 1, 2024
From 
Mike Schuler
 via 
gCaptain

Philly Shipyard Cuts Steel on First of Three LNG-Fueled Containerships for Matson

Jones Act shipbuilder Philly Shipyard, Inc. (PSI) has commenced construction on the first of three Aloha Class LNG-fueled containerships for Matson Navigation Company, Inc. The project, valued at approximately US...
Wallenius Wilhelmsen Supersizes Shaper-Class Car Carriers
Shipbuilding
September 26, 2024
From 
Mike Schuler
 via 
gCaptain

Wallenius Wilhelmsen Supersizes Shaper-Class Car Carriers

Oslo-based car shipping company Wallenius Wilhelmsen has announced plans to supersize four of its twelve Shaper Class vessels on order to a record-breaking capacity of 11,700 Car Equivalent Units (CEUs)....