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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.
India To Set Up $3-Bln Maritime Development Fund For Shipping Industry
Shipbuilding
February 1, 2025
From 
Reuters
 via 
gCaptain

India To Set Up $3-Bln Maritime Development Fund For Shipping Industry

By Nidhi Verma NEW DELHI, Feb 1 (Reuters) – India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country’s shipbuilding and repair industry, Finance Minister...
USTR Investigation Finds China’s Maritime Playbook ‘Unreasonable’ as U.S. Shipbuilding Hits Historic Low
Shipbuilding
January 17, 2025
From 
Mike Schuler
 via 
gCaptain

USTR Investigation Finds China’s Maritime Playbook ‘Unreasonable’ as U.S. Shipbuilding Hits Historic Low

The U.S. Trade Representative (USTR) has issued a landmark finding, concluding that China’s aggressive targeting of the maritime, logistics, and shipbuilding sectors constitutes an “unreasonable” practice under Section 301 of...
Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard Contract
Shipbuilding
January 16, 2025
From 
Mike Schuler
 via 
gCaptain

Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard Contract

Bollinger Shipyards LLC, a major U.S. shipbuilding contractor based in Lockport, Louisiana, has agreed to pay $1,025,000 to settle allegations of False Claims Act violations related to billing the U.S....
Sources: U.S. Probe Finds China Unfairly Dominates Shipbuilding, Paving Way for Penalties
Shipbuilding
January 13, 2025
From 
Reuters
 via 
gCaptain

Sources: U.S. Probe Finds China Unfairly Dominates Shipbuilding, Paving Way for Penalties

U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.
Record Containership Orderbook Signals Major Fleet Expansion Through 2029, BIMCO Reports
Shipbuilding
January 8, 2025
From 
Mike Schuler
 via 
gCaptain

Record Containership Orderbook Signals Major Fleet Expansion Through 2029, BIMCO Reports

The container shipping industry is poised for unprecedented growth as its orderbook hits historic highs, with potential major implications for global maritime trade. BIMCO reports containership orders reached a record-breaking...
Second CO2 Transport Ship Delivered for Northern Lights CCS Project
Shipbuilding
January 3, 2025
From 
Mike Schuler
 via 
gCaptain

Second CO2 Transport Ship Delivered for Northern Lights CCS Project

Northern Lights JV has taken delivery of its second specialized CO2 transport vessel, the Northern Pathfinder, from China’s Dalian Shipbuilding Industry Co. (DSIC). The vessel joins its sister ship Northern...
China Delivers Arctic-Capable Research Vessel, Expanding Polar Presence
Shipbuilding
December 27, 2024
From 
Mike Schuler
 via 
gCaptain

China Delivers Arctic-Capable Research Vessel, Expanding Polar Presence

China has delivered its first scientific research vessel designed for global deep-sea exploration, marking a significant advancement in the nation’s polar and deep-sea capabilities. The Tan Suo San Hao (Exploration...
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...