Latest Shipbuilding News

Resort guests raise money as world rallies to help Tonga

Jan. 21, 2022 03:40 AM EST

WELLINGTON, New Zealand (AP) — The tranquil resort in Tonga sat behind a lagoon and reef break that was perfect for snorkelers and surfers alike. Guests who had never met before would sit together to eat delicious communal meals cooked by owner Moana Paea and her staff, or relax in rustic cabins...

Israel inks multi-billion dollar submarine deal with Germany

Jan. 20, 2022 04:54 AM EST

JERUSALEM (AP) — Israel signed a three billion euro ($3.4 billion) deal on Thursday to buy three cutting edge submarines from Germany, the defense ministry announced. The Dakar-class diesel-electric submarines will be produced by German manufacturer Thyssenkrupp and are expected...

Navy will let Wisconsin keep badger statue for 50 more years

Jan. 19, 2022 18:37 PM EST

MADISON, Wis. (AP) — The Navy will let Wisconsin keep its beloved badger statue for 50 more years, scrapping plans to move the sculpture to an East Coast museum. The statue, sculpted from melted-down cannons seized from Cuba during the Spanish-American War, was affixed to the first...

EU rejects merger of SKorean shipbuilders Daewoo, Hyundai

Jan. 13, 2022 09:50 AM EST

BRUSSELS (AP) — The European Union on Thursday rejected the merger between South Korean shipbuilders Hyundai and Daewoo, saying a union between two of the world’s biggest players in the industry would have given the combined company a global stranglehold on the production of liquified natural...

Last of new class of Navy warships departs shipyard

Jan. 12, 2022 16:54 PM EST

BATH, Maine (AP) — The last of a new class of warships departed a Maine shipyard Wednesday. The USS Lyndon B. Johnson was constructed at Bath Iron Works and is the last in a class of three ships the U.S. Navy has described as the largest and most technologically sophisticated...

Germany blames Malaysian owner for shipyard bankruptcy

Jan. 10, 2022 11:58 AM EST

BERLIN (AP) — Germany is blaming the collapse of a shipyard business on its Malaysia-based owner Genting Group, saying the conglomerate refused to contribute to a government bailout plan. The MV Werften shipyard in northeastern Germany, which Genting bought in 2016, filed for...

EXPLAINER: Main issues at Russia-US security talks

Jan. 10, 2022 06:46 AM EST

MOSCOW (AP) — Russian diplomats are meeting this week with officials from the United States and its NATO allies for security negotiations in three European cities. Russian and U.S. negotiators launched the talks in Geneva on Monday. They will be followed by Russia-NATO talks in...

Despite defense buildup, Japan's arms industry struggles

Dec. 28, 2021 23:18 PM EST

ENIWA, Japan (AP) — The dozens of Type 90, or “Kyumaru,” tanks rumbling through recent shooting drills on Japan's northern island of Hokkaido exemplify the challenge its arms makers face both at home and overseas as the country fortifies its defenses against strategic threats. ...

US warships stay in Mediterranean amid Ukraine, Russia fears

Dec. 28, 2021 15:41 PM EST

WASHINGTON (AP) — Defense Secretary Lloyd Austin has ordered a U.S. Navy aircraft carrier strike group to stay in the Mediterranean Sea region rather than move on to the Middle East, amid worries about the buildup of thousands of Russian troops near the Ukraine border. A defense...

Maine shipyard delivers sub to Navy fleet ahead of schedule

Dec. 22, 2021 10:06 AM EST

KITTERY, Maine (AP) — Portsmouth Naval Shipyard has delivered an attack submarine back to the U.S. Navy fleet a few days ahead of schedule. The USS Annapolis underwent maintenance starting in June. About 400 employees of the Maine shipyard temporarily relocated to San Diego to do...