Austal confirmed in a stock exchange filing on Wednesday, October 14, that it has commenced commercial negotiations with Hanwha Defense USA while ...

Seoul National University (SNU) is advancing the cultivation of local shipbuilding talent in the U.S. in alignment with MASGA ...

JPMorgan Chase CEO Jamie Dimon announced $24 million to revive American shipbuilding, including by helping finance a new submarine manufacturing facility at the Philadelphia Navy Yard. The money — $18 ...

Shipbuilders Hanwha Ocean spiked as much as 14.9% while Samsung Heavy Industries climbed 8.33% at its peak. Automakers Hyundai and Kia saw gains of around 12% and 9% respectively. This comes as Seoul ...

Two of China's state-owned shipbuilding groups are finalizing a major merger, building a juggernaut. The deal has been in the works since 2019 and will extensively grow CSSC, the world's largest ...

Section 1. Purpose. The United States Navy has experienced a series of shipbuilding setbacks stemming from overly complex designs and iterative design change procedures, which have resulted in cost ...

A projected shortage of up to 250,000 skilled shipbuilding workers has a robotics company pitching automation for dangerous painting jobs.

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South Korea's shipbuilding exports hit an eight-year high of $32 billion as Seoul pushes wider cooperation across the industrial supply chain.

The feasibility study projects that the facility could generate $2.7 billion in revenue over 30 years, against estimated ...