
Hanwha Philly Shipyard Delays $1B Matson Ship Program to 2028
Hanwha Philly Shipyard’s $1 billion Matson container ship program has shifted into 2028, while Hanwha Ocean plans a $5 billion expansion of the U.S. yard.

Hanwha Philly Shipyard’s $1 billion Matson container ship program has shifted into 2028, while Hanwha Ocean plans a $5 billion expansion of the U.S. yard.

Seadrill added more than $860 million in rig awards across the U.S. Gulf, Brazil and Angola, raising total contract backlog to $3.1 billion.

A bulk carrier was hit by a drone near Qatar while sailing from Abu Dhabi to Mesaieed, causing a minor fire before continuing its voyage.

The trial over the Dali bridge collapse is scheduled to begin on 1 June 2026, with liability limits, seaworthiness, and negligence claims expected to shape proceedings.

South Korean investigators said two unidentified projectiles struck HMM Namu in the Persian Gulf, causing a fire that disabled the vessel.

The U.S. Navy is considering nearly $2 billion in foreign shipbuilding study and procurement efforts as it seeks solutions for delays in domestic naval construction.

South Korea and the United States advanced MASGA Project discussions, including plans for a shipbuilding cooperation center and strategic investment initiatives covering energy infrastructure.

The Philippines is advancing a 3.5 GW offshore wind pipeline in San Miguel Bay and the Guimaras Strait, targeting 11 TWh of annual electricity generation while reducing reliance on coal power.

Mitsui O.S.K. Lines has taken delivery of TSS Cruiser, a Damen-built SOV for offshore wind construction and commissioning work in Taiwan.
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