President Donald Trump has signed a sweeping executive order aimed at revitalizing America’s struggling shipbuilding industry, strengthening its maritime workforce, and expanding the nation’s global shipping presence. The executive order,…
u.s. navy shipbuilding
HD Hyundai Signs Two Major U.S. Defense MOUs, Signaling Korean Push into American Shipbuilding
HD Hyundai Heavy Industries (HHI) has signed two separate memorandums of understanding this week with major American defense contractors in a move seen as underscoring growing South Korean involvement in…
Trump Signs Executive Order to Revitalize U.S. Shipbuilding Amid China’s Maritime Dominance
President Trump has signed an executive order on Wednesday aimed at revitalizing the domestic maritime and shipbuilding industries, including in the both the commercial and military sectors. The initiative comes…
HII and HD Hyundai Sign MOU on Shipbuilding
HII (NYSE: HII) and HD Hyundai Heavy Industries (HHI) signed a memorandum of understanding on Monday at the Sea Air Space expo in National Harbor, Maryland, seeking to boost collaboration…
https://gcaptain.com/hii-and-hd-hyundai-sign-mou-on-shipbuilding/
USNS John Lewis Completes First Fleet Replenishment Operation Off Southern California
The Military Sealift Command’s newest fleet replenishment oiler USNS John Lewis (T-AO 205) achieved a significant milestone by completing its first fleet-tasked underway replenishment operation with USS Mustin off Southern…
Hanwha Ocean Completes Landmark U.S. Navy Ship Maintenance, Marking First Korean Shipyard Contract
In a significant milestone for South Korea’s maritime industry, Hanwha Ocean has successfully completed maintenance and overhaul work on the Military Sealift Command’s dry cargo ship USNS Wally Schirra, marking…
Korean Giant Hanwha Acquires Austal Stake in Latest Push to Reshape U.S. Shipbuilding
Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder of the US Navy contractor, as South Korea’s top defense firm attempts to bolster its foothold in America.
US Navy Shipbuilding Called Too Slow and Costly as Trump Vows Change
The US Navy keeps falling short in shipbuilding, with costs too high and deliveries too slow, the service’s acting acquisition chief said in written testimony submitted for a House hearing on Tuesday.
https://gcaptain.com/us-navy-shipbuilding-called-too-slow-and-costly-as-trump-vows-change/
Navy Shipbuilding Crisis: GAO Finds Billions Spent Without Strategy as Fleet Goals Remain Unmet
The U.S. Navy continues to fall short of its fleet expansion goals despite investing billions in private shipbuilding and repair companies, according to a new Government Accountability Office (GAO) report….
U.S. Navy Names New Explorer-Class Ocean Surveillance Ships After Deep-Sea Pioneers
The U.S. Navy has announced the naming of its newest class of ocean surveillance ships, designating them as the Explorer class, with the first two vessels honoring renowned deep-sea explorers…