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.
The UK is preparing Offshore Wind Leasing Round 6 for 2027, with around 6GW of new capacity expected mainly off North East England.
HD Hyundai is expanding its Vietnam shipbuilding base, aiming to lift HVS annual capacity from 15 vessels to 23 by 2030.
Rystad Energy said offshore wind turbine prices in Europe have risen 40-45% since 2020 as supplier concentration tightens the market.
CMA CGM confirmed its vessel CMA CGM San Antonio was attacked in the Strait of Hormuz, leaving crew members injured and the ship damaged.
Transocean’s $5.8 billion all-stock merger with Valaris is under extended US antitrust review after the Department of Justice requested additional information.
