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Denmark and the US sign shipbuilding cooperation MOU

The maritime agreement targets Danish capital, faster workforce training and technology for American yards. Investment amounts, participating shipyards and an implementation timetable were not specified.

Seatrium divests AmFELS Yard in Brownsville, Texas, selling the facility to Karpowership affiliate for S$65 million

Seatrium Accelerates Asset Sales to Cut Costs

Seatrium is progressing asset divestments including 17 tugboats sold for S$104m, the Can-Do 2 dock for S$16.9m, and the Karimun Yard for S$22m, targeting early-2026 completion.

Japan sets course to rebuild shipbuilding by 2035

Japan is committing ¥350 billion over 10 years to revitalise shipbuilding, aiming for 18m GT capacity and a 20% global share by 2035 through state funding, coordinated industry support and US cooperation.

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