GENERAL CONSTRUCTION COMPANY

A new era in Canadian shipbuilding is underway as Seaspan Shipyards has been awarded the contract to build one of the Canadian Coast Guard’s (CCG) next-generation heavy polar icebreakers. This landmark project, part of the National Shipbuilding Strategy (NSS), will reinforce Canada’s Arctic sovereignty, economic development, and scientific research capabilities while marking a historic revival of domestic polar shipbuilding.“Today’s contract signing is the next step in our journey of fulfilling the vision of the National Shipbuilding Strategy, which is to build ships for Canada, in Canada, by Canadians," said John McCarthy, CEO of Seaspan Shipyards.

The United States is preparing to impose docking fees at its ports on any ship belonging to a fleet that includes Chinese-built or Chinese-flagged vessels, according to a draft executive order, a move aimed to both revitalize U.S. shipbuilding while countering China’s dominance in global shipping and shipbuilding.The draft order from President Donald Trump also urges allied nations to adopt similar policies or risk facing retaliatory measures from the U.S.China’s growing control over the maritime industry has become a rare bipartisan concern in the U.S., with both Republican and Democratic lawmakers acknowledging its impact on national security and economic interests.

In a move to restore full domestic ferry service by summer, Governor Bob Ferguson said that Washington State Ferries (WSF) will delay the hybrid-electric conversion of two of the state’s largest ferries. The decision comes as WSF works to increase its operational fleet, ensuring that 18 vessels are in service simultaneously for the first time since 2019. Restoring full domestic ferry service requires 21 vessels, with at least 18 running at any given time. By postponing the hybrid-electric upgrades until after the 2026 FIFA World Cup, the state aims to prioritize immediate service improvements for ferry-dependent communities.

CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U.S. Today, the Group operates in 40 states and employs 15,000 Americans. As a leading partner in U.S. trade, CMA CGM transports over 5 million shipping containers to and from the country each year.Rodolphe Saadé, Chairman and CEO of CMA CGM Group, said: “I am proud to build on our long-standing relationship with the United States through this commitment of $20 billion to the country’s maritime future and logistics capabilities.

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.Behind these low-profile moves, six shipping executives said, lie concerns that their ships could be commandeered by Chinese authorities or hit with U.S. sanctions in a conflict between Beijing and Washington.Beijing's emphasis on the role of Hong Kong in serving Chinese security interests and growing U.S. scrutiny of the importance of China's commercial fleet in a possible military clash, such as over Taiwan, are causing unease across the industry, the people told Reuters.The U.S.