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Korean shipbuilders eye US yards to tap Navy's lucrative repair deals - Vimarsana News

Korean shipbuilders eye US yards to tap Navy's lucrative repair deals

Korean automotive, battery and semiconductor titans have been navigating their investments toward American shores, driven by incentives from the Inflation Reduction Act and the CHIPS and Science Act of 2022. Now, the Jones Act might beckon Korean shipbuilders to American waters. HD Hyundai Heavy Industries and Hanwha Ocean are setting their sights on acquiring an American shipyard, specifically to tap into the mainte...

Maine Maritime Academy students to learn with new training ship - Vimarsana News

Maine Maritime Academy students to learn with new training ship

The new ship is specifically designed for training, with a training engine control room and a training bridge.

MATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS; PROVIDES 2024 OUTLOOK - Vimarsana News

MATSON, INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS; PROVIDES 2024 OUTLOOK

/PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $62.4 million, or $1....

First and Fifth New U.S. Training Ships Mark Milestones - Vimarsana News

First and Fifth New U.S. Training Ships Mark Milestones

 The U.S.’s National Security Multi-Mission Vessel NSMV) program, the first dedicated training ships to be built the five U.S. state maritime academie...

Maine Maritime's new ship forcing changes on Castine waterfront - Vimarsana News

Maine Maritime's new ship forcing changes on Castine waterfront

The longer, wider vessel, now under construction, will need a bigger pier that must also be built to handle sea level rise.