shipyards

The U.S. Department of Transportation’s Maritime Administration announced $8.75 million in grant awards to 15 shipyards across 12 states in an effort to increase productivity and expand local job opportunities.

Formerly containerized cargoes are being loaded onto bulkers. Box-ship orders are keeping future bulker growth in check.

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.

Even after a wave of just-ordered container ships is delivered by yards, cargo shippers are unlikely to see lower freight rates.

How former World War II-built American tankers became the bulwark of international commercial oil transport in the 1950s and 1960s.

New data reveals just how far ship orders have sunk. The fewer ships ordered, the higher future rates could climb.

Conspiracy involved sale of offshore drill ship to Houston chartering company.

Some believe the pace of regulatory and technological change is causing owners to pull back from newbuilding contracts.