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Huntington Ingalls reports lower quarterly profit as costs weigh

Posted to Maritime Reporter on May 5, 2026

U.S. shipbuilder Huntington-Ingalls posted a lower operating margin for the first quarter on Tuesday. This was due to?higher costs?amid inflation?and?volatility of global trade. In premarket trading, shares of the company fell by nearly 3%. U.S.

The Iran War exposes the weakness of Britain's military

Posted to Maritime Reporter on April 16, 2026

After years of warnings by military chiefs that the UK's capabilities were shrinking, the Iran war left Britain's armed services exposed. This put pressure on Keir starmer, Prime Minister, to make good on his promise to invest in defence. After…

HD Hyundai Heavy, a South Korean shipbuilder, merges with HD Hyundai Mipo

Posted to Maritime Reporter on August 27, 2025

HD Hyundai Heavy Industries of South Korea, the largest shipbuilder in the world, announced on Wednesday its intention to merge with HD Hyundai Mipo, as it aims for a larger share of the U.S. market. The company stated that it hopes to lead U.S.

USTR Greer: Not all Chinese shipping fees will be implemented

Posted to Maritime Reporter on April 8, 2025

U.S. trade representative Jamieson Greer informed lawmakers on Tuesday that the proposed multimillion dollar fees for Chinese-built vessels docking at U.S. port may not be implemented in full and they might not be cumulative. Greer said at a…

Singapore's Temasek has undergone many changes in the last two decades

Posted to Maritime Reporter on August 28, 2025

Singapore's Temasek, the state-owned investment company in Singapore, announced a major restructuring of its operations on Thursday. This is one of the biggest structural changes it has seen in its 51 year history. STRUCTURAL CHANGES In 2011…

Thyssenkrupp will hold a shareholder meeting before the spin-off of its warship division, CEO tells Podcast

Posted to Maritime Reporter on February 25, 2025

Thyssenkrupp will hold an extraordinary general assembly to complete a spin-off in the warship division in this calendar year. This was revealed by Chief Executive Miguel Lopez in a podcast published on Tuesday. Lopez, speaking on a podcast by the German newspaper WAZ…

Threatened by environment change, Panama Canal has big strategies to handle dry spell

Posted to Maritime Reporter on December 2, 2024

in the face of an altering climate. Tres Hermanas, with its farms, two schools, churches and a. medical center, is among lots of towns that would disappear. in the next six years if the state-owned Panama Canal's. ambitious $1.6 billion job goes ahead. Locals are.

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