Tag

Shipbuilding

All articles tagged with #shipbuilding

world20 days ago•6 min saved

Subic Bay Reawakens as a Strategic Indo-Pacific Hub Near China

Subic Bay in the Philippines is being revived as a major Indo-Pacific hub, with a reactivated Hyundai shipyard boosting civilian and potential defense-related activity under the US-Philippines Enhanced Defense Cooperation Agreement. The complex now hosts multiple defense-linked tenants and a growing US footprint, while Washington and Manila study forward-deployed ammunition production in the Indo-Pacific; as of early 2026, no weapons manufacturing at Subic has been confirmed, but the site is viewed as increasing strategic leverage near Taiwan and China amid regional tensions.

via The Daily Galaxy|

#edca #indo-pacific #shipbuilding

local-news1 month ago•2 min saved

Mare Island Dry Dock to Close Permanently After Losing Coast Guard Contract

The Mare Island Dry Dock in Vallejo will close permanently, resulting in the layoff of over 80 employees, due to losing a critical U.S. Coast Guard contract and unforeseen business issues, raising concerns about the impact on local jobs and industry.

via CBS News|

#closure #job-layoffs #local-news

world2 months ago•1 min saved

Hanwha Philly Shipyard Advances U.S. Navy Shipbuilding Initiatives

Hanwha's Philly Shipyard in Philadelphia has the capability to build nuclear-powered submarines for the U.S. Navy, with the company expressing readiness to fulfill this role when the U.S. government is prepared, amid broader U.S.-South Korea cooperation and investment in shipbuilding.

via CNBC|

#hanwha #nuclear-submarine #philly-shipyard

military2 months ago•6 min saved

Trump Unveils 'Trump Class' Battleships, Promising Largest U.S. Warships Since WWII

The US Navy plans to build the largest surface combatant since WWII, called the USS Defiant, as part of the 'Golden Fleet' effort, with construction starting around 2030. The ship will be over 35,000 tons, equipped with advanced weapons and systems, and built in the US to bolster naval capabilities, potentially countering global threats including China.

via USNI News|

#battleship #military #shipbuilding

military2 months ago•2 min saved

U.S. Plans New 'Trump-Class' Battleships Amidst Presidential Naming Controversy

The U.S. plans to build new 'Trump-class' warships, dubbed the 'Golden Fleet,' emphasizing increased seapower and military strength, with designs featuring lasers and missile capabilities, amidst ongoing challenges in Navy shipbuilding and strategic competition.

via Axios|

#golden-fleet #military #shipbuilding

defense2 months ago•2 min saved

US Announces 'Trump-Class' Battleships for 'Golden Fleet'

The US Navy announced plans to build a new class of warship, the FF(X), as part of Trump's 'Golden Fleet' initiative to boost domestic shipbuilding and address fleet shortfalls, aiming for the first ship to be ready by 2028, amidst efforts to compete with China and revitalize US ship manufacturing.

via Yahoo Finance|

#defense #golden-fleet #shipbuilding

world4 months ago•4 min saved

US and South Korea Agree on Trade Deal and Investment Terms

US and South Korea finalized a trade agreement involving significant investments, tariff reductions, and military cooperation, including South Korea's plan to build nuclear-powered submarines in the US, with details to be released soon.

via Bloomberg.com|

#investment #nuclear-submarines #shipbuilding

world4 months ago•3 min saved

Market Volatility Surges Amid China Shipping Ban and Geopolitical Tensions

U.S. markets declined sharply amid Chinese sanctions targeting South Korean shipbuilding subsidiaries, signaling increased trade tensions and impacting global markets, with particular concern over China's maritime strategies and their effects on international trade and stock indices.

via Fortune|

#china #shipbuilding #stock-market

world4 months ago•2 min saved

China escalates trade tensions by targeting US-linked Hanwha Ocean units

China imposed sanctions on five US-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid escalating trade tensions, leading to a sharp decline in Hanwha's shares and further strain in US-China relations over maritime industry issues.

via Reuters|

#china #hanwha #sanctions

world4 months ago•2 min saved

US and China escalate maritime tensions with new sanctions and port fees

China has imposed sanctions on five US subsidiaries of South Korean shipbuilder Hanwha Ocean, accusing them of aiding US efforts against China in global shipbuilding, amid escalating trade tensions between China and the US.

via Financial Times|

#china-sanctions #hanwha-ocean #shipbuilding

world6 months ago•1 min saved

South Korea and U.S. Diplomatic Developments Highlighted in Recent White House Meetings

South Korean President Lee emphasized the importance of the U.S.-South Korea alliance, highlighted plans to boost the U.S. shipbuilding industry through Korean investment, and addressed North Korea's nuclear threat while maintaining close ties with China, avoiding decoupling.

via Politico|

#china #north-korea #shipbuilding

defense6 months ago•3 min saved

Japan's Defense Industry Achieves Historic Milestones with Australian Frigate Deals

Australia's decision to acquire Japan's advanced Mogami-class frigates highlights Japan's strong shipbuilding capabilities and marks a significant step in security cooperation, though analysts warn of potential risks related to transfer of production and domestic shipbuilding capacity.

via Breaking Defense|

#australia #defense #frigate

world8 months ago•2 min saved

Pentagon grants $5B contract to accelerate ship production

The Defense Logistics Agency awarded a $5 billion contract to six companies to accelerate U.S. Navy ship manufacturing, with potential to reach up to $10 billion, aiming to streamline procurement and modernize shipbuilding processes.

via Defense News|

#contract #defense #manufacturing

labor-relations-trade-policy1 year ago•3 min saved

"US Labor Unions Seek Biden Administration Probe Into China's Shipbuilding Practices"

US labor unions, led by the United Steelworkers Union, have filed a Section 301 petition urging the U.S. Trade Representative to investigate China's anti-competitive shipbuilding practices, which have led to a decline in U.S. shipyards and jobs. The unions argue that China's state-directed industrial campaigns and subsidies pose economic and national security threats. The petition is supported by policymakers and the Shipbuilders Council of America, and comes after President Biden's $20 billion investment to bolster domestic crane manufacturing. USTR Katherine Tai now has 45 days to decide whether to pursue an investigation into Chinese shipbuilding.

via gCaptain|

#china #labor-relations-trade-policy #shipbuilding

trade-war1 year ago•0 min saved

"US Unions Push for Probe Into China's Shipbuilding Subsidies"

Shipbuilding has become a new focal point in the ongoing US-China trade war, as both countries vie for dominance in the industry. The US is implementing measures to bolster its shipbuilding sector, including subsidies and protectionist policies, in an effort to counter China's growing influence. This shift reflects the broader geopolitical and economic competition between the two global powers, with implications for the global economy and trade dynamics.

via Financial Times|

#geopolitics #global-economy #shipbuilding