shipbuilding
22 stories related to this topic, newest first.
opindia.comWhite House Commits to Expand Ocean Resource Access and Rebuild Shipbuilding
President Trump issued a message marking National Ocean Month that outlines his administration's priorities for oceans policy. The statement directs expanded access to ocean resources, accelerated rebuilding of U.S. shipbuilding capacity, and maintenance of American maritime domi…
finance.yahoo.comSaronic Expands Louisiana Shipyard for Autonomous Naval Vessel Production
Saronic Technologies is converting its Franklin, Louisiana shipyard into a production site for autonomous surface vessels. The company secured a Navy contract and closed a $1.75 billion funding round in March.
Defense NewsU.S. Navy Shipbuilding Plan for Fiscal 2027 Includes Consideration of Foreign Yards
The Navy's new plan, released Monday, outlines the possibility of manufacturing ships at foreign shipyards as the service confronts capacity shortfalls. Lawmakers from both parties pressed Navy leaders on the proposal during a House Armed Services Committee hearing Thursday, stre…
koreaherald.comSamsung Heavy Industries Wins 750.5 Billion Won Order for Two LNG Carriers
Samsung Heavy Industries Co. announced a 750.5 billion won (US$504 million) contract to build two liquefied natural gas carriers for an unidentified client in Oceania. The ships are scheduled for delivery by June 2029. The order brings the company's total deals secured so far thi…
ukdefencejournal.org.ukBabcock Reports £140m Remedial Costs on First Two Type 31 Frigates
Babcock International said the first two vessels, HMS Venturer and HMS Active, are out of sequence due to identical mistakes, pushing cumulative losses on the programme above £300 million. Both ships have been floated for fitting out while the company absorbs the overrun under it…
Defense NewsDavie Defense Awarded $3.5 Billion Contract for Five Arctic Security Cutters
U.S. shipbuilder Davie Defense Inc. finalized a contract with the U.S. Coast Guard to build and deliver five Arctic Security Cutters. The vessels will be constructed at facilities in Texas and an affiliate shipyard in Helsinki, Finland. The first cutter is scheduled for delivery…
koreaherald.comSouth Korean President Visits Shipbuilder in Ulsan, Pledges Industry Support
President Lee Jae Myung toured the headquarters of HD Hyundai Heavy Industries, the world's largest shipbuilder, on May 13, 2026. He inspected liquefied natural gas carriers under construction for export and received a briefing on order intake and global market conditions. A spok…
The IndependentBabcock Reports £140 Million Charge on Royal Navy Frigate Contract
Babcock said it recorded a £140 million charge related to design changes and late-stage reworks on its Type 31 frigate programme for the Royal Navy. The company is building five frigates at its Rosyth shipyard in Fife. Revenues rose in the year to the end of March but underlying…
Substrate placeholder — needs reviewSouth Korea Proposes Plan to Strengthen Shipbuilding Industry
The government on Wednesday proposed three strategies to make South Korea the global leader in shipbuilding. The plan includes investments totaling over 2 trillion won in new technologies, an AI-powered shipyard and autonomous vessels. Officials cited growing global demand for ma…
interestingengineering.comTrump-class Battleship to Use A1B Nuclear Reactor From Ford Carrier
The Navy confirmed the new nuclear-powered battleship will incorporate the A1B reactor, steam generators and related components from the Gerald R. Ford aircraft carrier. Chief of Naval Operations Adm. Daryl Caudle told a House panel the design draws on Ford-class technology for p…
thehindu.comU.S. Navy Plans To Build 15 Nuclear-Powered Trump-Class Battleships
The U.S. Navy intends to construct 15 Trump-class battleships over 30 years as part of its 2026 shipbuilding plan. The vessels will feature nuclear propulsion and are designed for extended endurance, high speed and advanced weapons systems. The first ship is expected in 2036 as t…
thehindu.comU.S. Navy to Use Nuclear Propulsion in New Battleships
The Navy announced plans to build 15 nuclear-powered Trump class battleships between fiscal years 2028 and 2055 at an estimated $17 billion each. The decision reverses the service's position from just four weeks earlier when officials described nuclear propulsion as unlikely.
koreatimes.co.krUS Navy Plans to Buy at Least 15 Next-Generation Battleships Over Next 30 Years
The US Navy released its congressionally mandated long-range shipbuilding plan on Monday, expanding from a previous commitment of three Trump-class battleships to at least 15 over the next 30 years. The first vessel is scheduled for delivery in 2036 at an estimated cost of at lea…
ForbesU.S. Navy Adjusts USS Enterprise (CVN-80) Delivery to March 2031 as Construction Passes 50% Completion
The future USS Enterprise (CVN-80) delivery has slipped eight months from July 2030, while the future USS Doris Miller (CVN-81) faces at least a two-year delay. Huntington Ingalls Industries reported progress on both carriers during its May 5, 2026 quarterly call even as the USS…
koreaherald.comSouth Korea and U.S. Sign Agreement on Shipbuilding Cooperation
South Korea and the United States signed a memorandum of understanding on May 8 to establish the South Korea-U.S. Shipbuilding Partnership Initiative. The pact aims to strengthen cooperation in commercial shipbuilding, workforce development, industrial modernization and maritime…
koreaherald.comHD KSOE Lands $1.4 Billion in Ship Orders, Reaching 46.4% of 2026 Target
HD Korea Shipbuilding & Offshore Engineering Co. won contracts on May 8, 2026 to build six container ships and two very large gas carriers. The deals bring the company's 2026 orders to $10.81 billion for 94 vessels. HD KSOE, a unit of HD Hyundai Co., also reported strong first-qu…
koreaherald.comHD KSOE Secures 505 Billion-Won Order for Three Very Large Gas Carriers
HD Korea Shipbuilding & Offshore Engineering announced a 505 billion-won deal to build three very large gas carriers. The vessels are scheduled for delivery by the end of 2029 to an unidentified customer. This order contributes to the company's achievement of 40 percent of its an…
news18.comHanwha Ocean Q1 Net Profit Rises 131.8% to 500 Billion Won on LNG Carrier Growth
Hanwha Ocean Co. reported a first-quarter net profit of 500 billion won, up 131.8 percent from the previous year, driven by high-value LNG carrier projects. Operating profit reached 441.1 billion won, exceeding estimates. The company secured $2.45 billion in new orders, including…
koreaherald.comU.S. Navy Secretary John Phelan Ousted Amid Pentagon Clashes and Iran Tensions
U.S. Navy Secretary John Phelan has been removed from his position effective immediately following disputes with top Pentagon officials. The departure occurs amid the ongoing war in Iran and administration efforts to expand U.S. shipbuilding, including the Trump Class battleship…
koreaherald.comHanwha Group Signs MOU with Alberta Government on Energy, Defense and Shipbuilding
South Korea's Hanwha Group has signed a memorandum of understanding with Canada's Alberta provincial government to explore investments in energy, defense and shipbuilding. The agreement, signed in Edmonton on April 21, 2026, ties into Hanwha's bid for a major Canadian submarine p…
koreatimes.co.krHD Hyundai Signs MOU with Indian Entities for Joint Shipyard Venture
South Korea's HD Hyundai Co. has partnered with Indian government-backed companies to establish a joint shipbuilding venture in India. The agreement, signed during a bilateral summit, positions HD Hyundai as the largest shareholder in a digital-focused shipyard. Plans include tra…
Defense NewsAnduril and HD Hyundai Start Production on First Autonomous Surface Vessel
Defense technology firm Anduril and South Korea's HD Hyundai have begun constructing their first autonomous surface vessel after completing a critical design review. The vessel is slated to enter the water in October 2026 for testing off the U.S. coast. The partnership includes U…