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The quest to rebuild U.S. shipbuilding capability quickly is premised on partnering with existing shipbuilding powers outside of China, with several recent announcements today solidifying the connection between the two allies.Four separate partnerships were recently announced, three today, underscoring a growing bilateral effort to rebuild America's maritime industrial base through investments in shipbuilding capacity, workforce development and advanced manufacturing technologies.The announcements, made in conjunction with the launch of the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington, D.C., reflect increasing collaboration between the two allied nations as the U.S.

DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet.The company said it will sell the Skandi Mongstad, Skandi Flora, Skandi Feistein and Skandi Kvitsøy, with deliveries expected during the third quarter of 2026.The vessels will remain on their current contracts, while DOF will retain vessel management responsibilities and a minority ownership stake in the acquiring entity.

Oil prices rose to their highest in almost six weeks on Wednesday, with Brent crude surpassing $95 a barrel, on mounting concerns about disruptions to Middle Eastern supply routes because of escalating hostilities between the U.S. and Iran and threats to shipping by the Iran-backed Houthi militia in Yemen.Brent crude futures were up $2.23, or 2.45%, at $93.24 a barrel by 1323 GMT, after hitting a session high of $95.47. U.S. West Texas Intermediate crude CLc1 climbed $2.18, or 2.18%, to $86.18. Both benchmarks touched their highest levels since June 11.The Brent crude three-month timespread, meanwhile, expanded to $10.

VARD, the Norwegian shipbuilding subsidiary of Italy's Fincantieri Group, won a contract valued at more than €220 million to design and build two next-generation buoy and lighthouse maintenance vessels for Trinity House, the General Lighthouse Authority for England, Wales, the Channel Islands and Gibraltar.The award, made through a competitive public tender, is part of Trinity House's fleet renewal program and will replace the THV Patricia and THV Galatea, enhancing the organization's ability to maintain the UK's aids-to-navigation network and other critical maritime infrastructure.

If the Navy can’t successfully introduce smaller ship classes of ships, why does it think it can succeed with the largest surface combatants since World War II?The Navy has announced a new class of guided missile battleships, the USS Defiant [BBG(X)] or the Trump-class, as the centerpiece of a new “Golden Fleet.”  BBG(X)s would be 840 to 880 feet long and have a full load displacement of more than 35,000 tons.  They would be the largest surface combatants built since World War II, and cost an estimated $17.5 to $22 billion each.  The Navy wants 15 of them.  Because of its size and complexity, Defiant will undoubtedly be more challenging than most new ships the Navy has introduced.