Report: Korean Yard to Build US-Flag Tankers
Business Korea reports that two tankers built at domestic Korean yard K Shipbuilding will be delivered under the U.S. flag and able to trade within the US.Construction will begin on the two 50,000dwt medium range tankers early next year for delivery in 2027.They will transport crude oil and LNG after Greek shipping company Stealthgas transferred the order to its U.S. subsidiary, reports Business Korea, citing sources. Construction will be supervised by ABS.More companies are expected to follow suit.
Trump Halt on Offshore Wind Hits US Shipbuilders, Ports
U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry, suffering hundreds of millions of dollars in lost government support, vanishing vessel orders, and an uncertain future for the billions of dollars' worth of investments.The impact represents an unintended consequence of Trump’s policy on the offshore wind industry, which has included stop-work orders and permit reviews for massive projects…
HII Establishes Partnerships to Expand Throughput, Industrial Base
HII is partnering with shipyards and fabricators in multiple states to grow its throughput and meet the increased demand for ships by the U.S. Navy. With its customer’s support, HII is bringing the work to more companies and more jobs in more states, expanding capacity of the U.S. shipbuilding industrial base and improving schedule adherence for all ships built by HII.HII’s structural assembly network, consisting of companies that contribute to outsourced modular assembly of ships…
U.S. Shipbuilding Realities and the SL7EXPO
Once again U.S. shipbuilding, or rather the lack thereof, has raised its head. There are those who say that U.S. shipbuilding is a train that has left the station (yes, a purposefully odd but correct metaphor), while others are hoping for a new dawn of U.S. shipbuilding dominance.I know it can be done, but only if there is steel-eyed realism and an iron will to do it.I also know that magazine editors hate lists, but I am going to irritate Greg by doing just that: creating a list of realities surrounding the proposed resurgence of U.S.