United States
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Shipbuilding
Trump Unveils Ambitious Plans for New Navy Battleship
BATH, FL — President Donald Trump has announced a groundbreaking initiative to develop a new class of warship, dubbed the…
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Shipbuilding
Korea Coast Guard to Get Advanced Chemical Response Vessel
HJ Shipbuilding & Construction has clinched a significant contract worth KRW 68.8 billion to construct the Korea Coast Guard’s inaugural…
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Shipbuilding
US Navy Welcomes USNS Lucy Stone, Enhancing Fleet Replenishment Capabilities
General Dynamics NASSCO has successfully delivered the USNS Lucy Stone, the fifth ship in the John Lewis-class fleet replenishment oiler…
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Shipbuilding
US Navy Welcomes New Fleet Replenishment Oiler: USNS Lucy Stone
The US Navy has officially accepted the USNS Lucy Stone, the fifth vessel in the John Lewis-class fleet replenishment oilers,…
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Shipbuilding
US Shipbuilding Faces Urgent Challenges
In 2024, the United States accounted for a mere 0.1% of global commercial shipbuilding output, a stark contrast to China’s…
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Shipbuilding
China and India Halt Russian Oil Purchases Amid Sanctions
The global oil market is experiencing significant upheaval as major buyers, including China and India, pause their purchases of Russian…
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Shipbuilding
JPMorgan Chase Launches $1.5 Trillion Security Initiative
JPMorgan Chase has unveiled a groundbreaking $1.5 trillion Security and Resiliency Initiative aimed at bolstering national economic security. The initiative…
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Shipbuilding
US and Finland Unite for Arctic Security Cutters
On October 9, the White House announced a significant partnership between the United States and Finland aimed at bolstering Arctic…
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Bulk Carrier
Freight to Dodge Worst of US Port Fees Thanks to Workarounds
Starting October 14, the United States will impose significant fees on large Chinese vessels docking at its ports, a move…
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Shipbuilding
Austal USA Secures $100 Million Loan for Shipyard Expansion
Austal USA has announced a significant $100 million loan agreement with Export Finance Australia (EFA) aimed at enhancing its shipyard…
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