CBR 785

South Korea's HD Hyundai Heavy Industries, the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding market.With the merger, the company said it aims to lead U.S.-Korea shipbuilding cooperation projects touted during a recent summit between the leaders of the countries that Seoul has dubbed "Make American Shipbuilding Great Again.""Ahead of the full-scale launch of the MASGA project following the Korea-U.S. summit and as countries around the world are strengthening naval power, demand for K-defence is expected to increase further," the company said in a statement.

Dating back to the year 1786, Thomas Jefferson wrote to a member of the Continental Congress on the importance of free press keeping government in check. He was quoted as saying if he had a choice between “a government without newspapers or newspapers without a government, I should not hesitate a moment to choose the latter.”The basis of the statement being that the government is the opinion of the people.  It is not in the current U.S. shipping reporting.The first “newspaper” shipbuilding announcements consisted of new legislation capable of delivering us back to our former maritime dominance.

The US Coast Guard Investigative Service (CGIS) has arrested the captain of the 8,814-TEU container ship MSC Jubilee IX for suspicion of operating the vessel while intoxicated following a boarding at Terminal 5 in Seattle, August 20.Watchstanders at Coast Guard Sector Puget Sound were notified by a Puget Sound Pilot aboard the MSC Jubilee IX, who reported the vessel’s captain was exhibiting signs of intoxication. The pilot and first mate operated the vessel during the transit from an anchorage near Everett, Wash., to Terminal 5 at the Port of Seattle without incident.

The Trump administration on Friday ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial troubles.With construction now frozen at 80% completion, Orsted has no immediate path to revenue generation, heightening pressure on the company as it seeks to shore up finances through a $9.4 billion emergency rights issue.The stop-work order, issued by the Bureau of Ocean Energy Management (BOEM), is the administration's latest effort to hinder U.S.

There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2.01 million metric tons in August, according to data compiled by commodity analysts Kpler.But of far more importance is the Kpler estimate that Asia's LNG imports from the United States will surge to 3.61 million tons in October, which would be the second-highest on record behind the 3.75 million from February 2021.