Shipbuilding News

First Multipurpose Cargo Vessel Installs Wind-Assisted Propulsion

Published Aug 7, 2026 7:13 PM by The Maritime Executive

The global shipping industry is witnessing a significant increase in the number of cargo ships deploying wind-assisted propulsion...

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WSF Celebrates Long-Awaited Steelcutting for New Hybrid-Electric Ferries

Published Aug 5, 2026 10:03 PM by The Maritime Executive

After years of preparation, Washington State Ferries celebrated the steel-cutting for a series of hybrid-electric ferries at Easte...

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CBO: First Trump-Class "Battleship" Could Cost $23 Billion

Published Aug 5, 2026 7:55 PM by The Maritime Executive

The U.S. Navy's first future "battleship" combatant class may cost about $23 billion dollars by the time it delivers in 2034, acco...

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India’s SCI Seeks Six Newbuild LNG Containerships in Its Biggest Tender

Published Aug 4, 2026 5:59 PM by The Maritime Executive

India’s state-run Shipping Corporation of India (SCI) is continuing to move forward with its growth plans aligned with the country...

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Distressed Luxury Yacht Builder Italian Sea Group Plans Equity Raise

Published Aug 3, 2026 2:53 PM by The Maritime Executive

Luxury yacht builder The Italian Sea Group has posted a net loss for 2025, and despite a plan to issue shares to bring in more cap...

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Sri Lanka’s Colombo Dockyard Returns to Profitability as Orders Rise

Published Aug 2, 2026 7:04 PM by The Maritime Executive

Sri Lanka’s biggest shipbuilder, Colombo Dockyard, has returned to profit following several years of restructuring. In a stock exc...

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HD Hyundai Launches First Ship From Revitalized Philippine Shipyard

Published Jul 29, 2026 1:21 PM by The Maritime Executive

The Philippines marked a key milestone in its long efforts to revitalize the former shipbuilding operations at Subic Bay as HD Hyu...

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Maersk Tankers and HD Hyundai Samho Celebrate First Large Ammonia Carrier

Published Jul 28, 2026 6:01 PM by The Maritime Executive

Maersk Tankers and shipbuilder HD Hyundai Samho each celebrated milestones with the delivery of the first large ammonia carrier. F...

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Saronic Brings in Samsung Heavy Industries as its Korean Industrial Partner

Published Jul 26, 2026 10:32 PM by The Maritime Executive

The American autonomous-vessel firm Saronic has announced the selection of Samsung Heavy Industries as its production-technology p...

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Designing the Fleet

Published Jul 24, 2026 4:00 PM by Sean Hogue

In February, the U.S. government released the long-awaited Maritime Action Plan (MAP). For decades, American shipbuilding capacity...

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