Shipyards News

German defense contractor Rheinmetall and Swiss shipping company MSC have won an auction to acquire Romania's Mangalia shipyard for approximately $155 million (€138 million), with plans to develop the facility for both commercial and military shipbuilding.The acquisition, expected to be completed within a few weeks, will be jointly funded by the two companies, Rheinmetall said.The shipyard, located south of Constanța, will be developed into a dual-use facility serving domestic and international markets…

Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering, procurement, construction and installation (EPCI) project being delivered by Lamprell.The agreement marks the first offshore production platform and jacket fabrication scope undertaken at IMI's Ras Al-Khair yard…

Anduril Industries plans to invest $3.7 billion in a new Maryland shipyard to manufacture Virginia-class submarine components and other subsea systems, alongside a U.S. Navy contract worth up to $2.9 billion tied to production targets.The Arsenal-2 facility will be built at Tradepoint Atlantic in Sparrows Point, Baltimore County, with permitting and site preparation beginning immediately and initial operations expected in 2030.The combined public and private investment totals $6.6 billion, with Anduril set to build and operate the site. The U.S.

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed its 200th offshore rig project following the delivery of the VALARIS 250 (Bob Palmer) offshore rig project.The milestone was marked during a ceremony attended by executives and officials from ASRY and representatives from Valaris.ASRY said the VALARIS 250 belongs to the Gorilla Class category of offshore rigs, which it described as among the largest offshore rig designs currently operating worldwide.The project recorded more than 700…

The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance, and repair industry, today announced its annual member safety awards for the 2025 calendar year. This year, 21 shipyards across Alabama, California, Florida, Hawaii, Louisiana, Massachusetts, New Jersey, Oregon, South Carolina, Texas, Virginia, Washington, and Wisconsin are receiving awards for their achievements in safety.The following shipyards and repair facilities…

Damen Shipyards Group has signed a contract with Türkiye's Albayrak Group for the delivery of an ASD Tug 2111 and ASD Tug 2813. This is the first contract between the two companies.The Albayrak Group is one of the largest businesses in Türkiye and is active in the construction, industrial, and logistics sectors. The latter includes the management of Alsancak Port, Izmir;Trabzon Port, Türkiye; Conakry Port, Guinea; Mogadishu Port, Somalia; Pointe-Noire Port, Congo; Banjul Port…

Semco Maritime and Zamakona Yards have formed a strategic alliance to establish Las Palmas Shipyard, a new hub for rig upgrades, vessel maintenance and offshore modification projects in the Canary Islands.The partnership combines Semco Maritime’s engineering and project execution expertise with Zamakona’s shipyard infrastructure and marine services capabilities. Operations at the Las Palmas facility have already begun.The shipyard is designed to support rig owners, offshore operators and special vessel clients by providing integrated services covering upgrades…

Geert Schouten, CEO & owner of Shipbuilder:Why does more than half of all maritime projects run into trouble sooner or later? Documents, folders, version numbers…in our sector we still struggle with them every day. At countless shipyards and design offices, teams stumble over folder structures, endless searches for the right version, and long email chains. Is that real organization? It is organized chaos. And it costs us time, quality, and energy every single day. Did you know…

The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established in 2011 and reinforces ASRY’s expertise in drilling rig repair, upgrade, conversion, and refit work in the Gulf region.ASRY’s Offshore Division is currently carrying out a number of rig projects for a diverse spread of clients, including major offshore drilling companies Valaris…

Svitzer has signed a shipbuilding agreement with Cochin Shipyard (CSL) for the construction of four battery-electric TRAnsverse 2600e tugs, marking the first contracted series of the next-generation design to be built in India.CSL will build at least four vessels under the contract, with options for up to four additional units. The 26-meter electric tugs will be constructed to Svitzer’s specifications at CSL’s Cochin facilities and are intended to support Svitzer’s global fleet…

Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities.The asset sale is being executed through Seatrium’s subsidiary, Seatrium AmFELS, which has entered into a binding agreement with Karpower Valley, a related party of Karpowership.Following the asset divestment, Seatrium will transition its strategic presence in the U.S.

South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The world's largest shipbuilder based on orders is targeting 3 trillion won ($2.2 billion) in annual revenue by 2035 from building warships for the U.S. Navy, said Woo-maan Jeong, head of planning and management for HD Hyundai's 329180.KS naval and special ship unit…

The United States will be able to use planned defence facilities in Western Australia that are to help deliver nuclear-powered submarines under the trilateral AUKUS nuclear submarine deal, Australian Defence Minister Richard Marles said on Sunday.Australia will spend A$12 billion ($8 billion) to upgrade facilities at the Henderson shipyard near Perth, as part of a 20-year plan to transform it into the maintenance hub for its AUKUS submarine fleet, the government said on Saturday.The AUKUS pact, sealed by Australia, Britain and the U.S. in 2021, aims to provide Australia with attack submarines from the next decade to counter China's ambitions in the Indo-Pacific region.President Donald Trump's administration is undertaking a formal review of the pact led by Elbridge Colby…

Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will be dedicated to the installation of two additional docks, and three quays to increase capacity. Hanwha is also reviewing the build-out of a new block assembly facility.Through this expansion, Hanwha aims to increase Philly Shipyard’s annual production volume from less than two vessels to up to 20.

The Arab Shipbuilding and Repair Yard Company (ASRY) has been honored as the Repair Yard  of the Year at the ShipTek International Maritime Conference and Awards 2025, held in Dubai last week. The company surpassed numerous regional competitors, securing the award due to its technical expertise and capability to deliver first-rate services that meet client needs.This conference is one of the most prominent events in the maritime industry, bringing together experts and senior officials from ports, companies, and major institutions operating in global maritime shipping sectors.

The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG.The insolvency administrators, Christoph Morgen of Brinkmann & Partner and Hendrik Gittermann of REIMER, said they would accept the offers in the week following the official opening of insolvency proceedings.Lürssen…

Navantia UK, a subsidiary of Spanish shipbuilder Navantia, has completed the acquisition of Harland & Wolff’s facilities in Belfast, Appledore, Methil and Arnish.Under Navantia UK’s management, all four facilities will benefit from extensive expertise in shipbuilding, fabrication and complex program management, supporting both a highly skilled workforce and robust supply chain.The transaction ensures the continuation of the Fleet Solid Support (FSS) program, comprising three ships…

German federal and state governments will invest 400 million euros ($445.84 million) in Meyer Werft, one of the world's top makers of cruise ships, for an 80% stake to secure the future of the company, a local government minister said on Wednesday.The support plan also includes guarantees for 2.6 billion euros in loans for the family-owned company, said Olaf Lies, economy minister in the state of Lower Saxony.Meyer Werft's home state agreed the support plan together with the Berlin government and other stakeholders.The shipbuilder with a 229-year history boasts full order books but is facing a

A few weeks ago, a U.S. Coast Guard cutter spotted several Chinese military ships within the U.S. exclusive economic zone just 200 nautical miles off the shores of Alaska. This incident underscores how brazen our adversaries are becoming in the face of a diminished U.S. maritime presence. China’s brazen actions are backed by the world’s largest naval fleet that they have accumulated over the past several years while our maritime capacity has declined. There is a real threat that…

North Star has confirmed that India-based Cochin Shipyard will build its new hybrid-electric service operations vessel (SOV), bound for EnBW on a decade-long minimum charter at offshore wind farm in Germany.The contract award for Cochin Shipyard follows the one secured by North Star from EnBW on February 1, 2024, which outlines the engagement of the SOV at the He Dreiht offshroe wind farm.The hybrid-electric newbuild is of VARD 407 design which has been tailored to meet EnBW’s…

The United States and Japan are looking to make a deal for Japanese shipyards to regularly overhaul and maintain U.S. Navy warships so they can stay in Asian waters ready for any potential conflict, U.S. Ambassador to Japan Rahm Emanuel said on Friday."China watches what ships are coming in and out. It is not like this is a secret, they know what's happening. So therefore, they take an evaluation of your deterrence," Emanuel told reporters at the Yokosuka naval base near Tokyo.Unchallenged in Asian waters for decades, the U.S.

UK-based Harland & Wolff Group said Tuesday that its recently opened Miami-based office had been awarded its first contract for circa $1.5 million.Under the contract, the company will support TampaShip - part of the Edison Chouest Group, based in Tampa, Florida - in the completion of the construction of a floating dock for the Bollinger shipyard facility in the Gulf of Mexico.Fabrication work has started and is expected to be completed within the next three months."The company is very active in building its pipeline of opportunities in the USA.

Colonna's Shipyard said Wednesday that its President & CEO, Tom Godfrey, would retire effective December 31, 2023. Randall Crutchfield has been named to replace Godfrey as the company’s Chief Executive Officer (CEO). Crutchfield is currently Executive Vice President & Chief Operating Officer (COO). Additionally, Jordan Webb, currently Executive Vice President of Shipyard Operations, will become President & General Manager. Both appointments are effective January 1, 2024.“Randall…