A bullish Evergreen Marine has finalized an order for 11 ultra-large container ships worth $3 billion with two Asia builders.
President Trump wants to increase federal spending for shipbuilding by 242%, to $65.8 billion, for battleships, submarines and other military vessels, according to documents released by the White House on Tuesday.
A Korean industrial giant will help design a new-generation supply ship for the U.S. Navy.
Ocean carrier CMA CGM will re-flag 30 ships under the French flag, a year after its chief executive appeared in the Oval Office to support plans to revive the American maritime sector.
A fee on foreign-built vessels is the linchpin to help fund President Trump’s plan to revive U.S. shipbuilding.
American exporters of soybeans, fertilizer, lumber and other agricultural products are looking to a better year after being caught in a geopolitical squeeze in 2025.
Now-paused port fees on Chinese ships were a misguided attempt to revitalize U.S. maritime fortunes at the expense of American exporters, a trade group leader says.
The United States and China have suspended their respective port fees on each other’s ships amid progress on a new trade agreement.
The U.S. maritime industry faces challenges and opportunities in global trade and shipbuilding, the former chairman of the Federal Maritime Commission tells F3: The Future of Freight Festival.
Seatrium has sold its Brownsville, Texas, shipyard to Karpower Valley LLC, for $50 million.
South Korea objects to trade deal terms, citing potential foreign exchange market effects.
The former top U.S. maritime official backs U.S. initiatives to revitalize shipping and shipbuilding, but warns that careful planning is needed.
President Donald Trump has nominated two Floridians to fill the pair of vacancies on the Federal Maritime Commission, the U.S. regulator of ocean shipping.
U.S.-based Cerberus Capital Management and HD Hyundai of South Korea announced an investment partnership in the American maritime sector.
South Korea proposed a massive U.S. shipbuilding partnership as Seoul looks to finalize a trade deal with Washington.
Hanwha Shipping of South Korea has placed an order for a new LNG carrier with Hanwha Philly Shipyard, the first such U.S.-built vessel in almost 50 years.
The official overseeing White House maritime policy is leaving, according to a published report.
Italy-based Ficantieri has a new U.S. chief as it becomes the latest shipbuilder to align with the Trump administration’s aim to revive domestic capacity.
Trump appointee Louis Sola is stepping down as Federal Maritime Commission chairman after less than six months on the job.
Following opposition from shippers, the United States will phase in port fees scaled to a vessel’s tonnage, in an effort to blunt China’s dominance in global shipping.
President Trump signed an executive order moving his shipbuilding initiative ahead, and calling for a review of how the Pentagon orders military vessels.
The United States won’t charge the full range of port fees on Chinese ships calling U.S. ports and won’t stack those charges.
Representatives of ocean carriers and shipbuilding interests testified at a hearing on proposed port fees on Chinese ships.
Fight China’s shipping practices and revive U.S. shipbuilding, commenters tell the U.S. trade representative, but don’t punish domestic industry in the global market.
President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.
President Trump wants to resurrect American shipbuilding. What’s at stake?
Amid the focus on wars in Europe and the Middle East, North Korea’s threat to key exporting and shipbuilding nations grows.
Orderbook nears 30% of container-ship capacity on the water
Eastern Shipbuilding opens a new shipyard in northwest Florida with Staten Island Ferry orders.
1981: Plans to use offshore vessels for the generation of electricity by use of ocean water temperature differences could develop into a “good market” for the nation’s shipyards, according to an industry spokesman.
Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.
Japan is the top nation in fleet value despite China taking the lead in shipbuilding.
The Cato Institute has published a report that contends the Jones Act hurts, instead of benefiting, the U.S. Merchant Marine.
The Energizing American Shipbuilding Act seeks to revive domestic shipbuilding and maritime industries.
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.
Ten-year waiver to move U.S. LNG to Puerto Rico is off the table – for now.
