Amid the focus on wars in Europe and the Middle East, North Korea’s threat to key exporting and shipbuilding nations grows.
Orderbook nears 30% of container-ship capacity on the water
Eastern Shipbuilding opens a new shipyard in northwest Florida with Staten Island Ferry orders.
1981: Plans to use offshore vessels for the generation of electricity by use of ocean water temperature differences could develop into a “good market” for the nation’s shipyards, according to an industry spokesman.
Newbuild-to-fleet ratio now 15.3%, up from 9.4% in mid-2020. But orders are not high enough yet to wave red flags.
Japan is the top nation in fleet value despite China taking the lead in shipbuilding.
The Cato Institute has published a report that contends the Jones Act hurts, instead of benefiting, the U.S. Merchant Marine.
The Energizing American Shipbuilding Act seeks to revive domestic shipbuilding and maritime industries.
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund a fleet renewal program.
Ten-year waiver to move U.S. LNG to Puerto Rico is off the table – for now.
