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Keywords: Shipbuilding
New government estimates indicate that the projected cost of President Donald Trump's proposed next-generation naval fleet could be substantially higher than originally anticipated, raising fresh debate over defense spending, military modernization, and the long-term affordability of large-scale......
German naval shipbuilder Thyssenkrupp Marine Systems (TKMS) has ended its interest in acquiring smaller rival German Naval Yards Kiel (GNYK), leaving defence company Rheinmetall as the only remaining bidder currently seeking to purchase the shipyard. The decision comes as European defence companies......
Portugal has agreed to acquire three FREMM multi-mission frigates built by Italian shipbuilder Fincantieri, in a deal estimated to be worth around €3 billion, strengthening both the Portuguese Navy and Europe's expanding defense industrial base. The agreement was announced by Italian Prime......
Morocco is moving forward with its ambition to establish a modern maritime industry as it advances plans for a major shipbuilding and ship repair complex at the Port of Casablanca. The project has attracted strong international interest, highlighting the country's growing appeal as a strategic destination......
Nvidia and Japan's Kawasaki Heavy Industries have announced a collaboration to develop artificial intelligence-powered robots for the shipbuilding sector, a project aimed at accelerating automation while addressing the country's growing labor shortages. The initiative, unveiled during Nvidia......
Russia’s leading liquefied natural gas producer, Novatek, has established a new company to develop its own fleet of vessels and floating infrastructure, as it faces ongoing challenges linked to international sanctions. The newly created entity, focused on engineering and shipbuilding, aims to......
Denmark and China have renewed a bilateral agreement focused on cooperation in green maritime technology and shipbuilding, reaffirming their long-term partnership in the sector, China’s Ministry of Industry said on Tuesday. The updated pact includes plans for joint research and development on......
Türkiye’s national defense and maritime engineering capabilities are gaining international recognition through STM Defense Technologies Engineering, a company leveraging 35 years of experience to position Türkiye as a strategic maritime power. With a workforce of nearly 300 engineers,......
The Royal Moroccan Navy has marked a significant milestone in its maritime defense capabilities with the delivery of the Avante 1800 offshore patrol vessel, constructed by the Spanish shipbuilding company Navantia at its San Fernando shipyard in Andalusia. This vessel, registered as number 502, represents......