Hanwha Defense USA is moving to take control of Hanwha Philly Shipyard, bringing the Philadelphia facility under its U.S. defense business as the South Korean conglomerate pushes to expand into...

At a shipyard in northern Singapore, a yellow platform towers over a maze of scaffolding and cranes. Resembling a 15-story building, the piece will be shipped halfway around the world to Europe to be installed into an offshore wind farm.

The Maritime Administration (MARAD) recently embraced VCM when procuring a new generation of training ships for five of the six state maritime academies. To date, MARAD contractor TOTE Services has delivered four of the five vessels.

South Korea’s push to help rebuild the American shipbuilding industry is moving beyond investments in existing shipyards and toward the development of entirely new production capacity. The latest example comes...

China has further cemented its dominance of global shipbuilding, capturing nearly three-quarters of new orders over the past year as the industry’s order book approaches record levels, according to new...

JPMorganChase has appointed two senior leaders to help expand its support for U.S. shipbuilding and the maritime industry under its $1.5 trillion Security and Resiliency Initiative (SRI), a 10-year effort...

Matson has christened the first of three new Jones Act containerships at Hanwha Philly Shipyard, marking another milestone in the carrier’s $1 billion fleet renewal program as the Philadelphia yard...

The European Union has imposed sanctions on some of Russia’s most important shipyards, including major submarine builders, naval ship-repair facilities and yards involved in commercial vessel construction, as part of...

TOTE Services has finalized its contract with the U.S. Maritime Administration to oversee construction of a new generation of missile-tracking ships, clearing the way for Hanwha Philly Shipyard to begin...

Anduril Industries plans to invest $3.7 billion in a new Maryland shipyard to manufacture major components for Virginia-class attack submarines, backed by a U.S. Navy contract worth up to $2.9...