Over the last month, Damen Shipyards Group celebrated the keel-laying of Herman Seniors MPV 4916 Smokey at Albwardy Damen in Dubai as well as having its LST100 design selected by US Navy for its Landing Ship Medium program. Meanwhile, Dutch authorities arrested two individuals at Damen premises for possible Russia sanctions violations; with which Damen is fully cooperating.
HII advances distributed shipbuilding by opening new facilities and partners to meet US Navy demands, while investing $448 million in AI-driven Ship OS for efficiency gains. Hanwha Philly Shipyard readies for next-generation frigates following President Trumps endorsement; global newbuilds showcase green tech as well as market shifts for chemical tankers, car carriers and ferries which signals a return of US maritime industrial capacity.
Shipbuilder Damen Shipyards was in November 2025 settling sue-at-law for bribery, sanctions violation and forgery leading to 6-16 while securing contracts for special offshore ships and growing green shipbuilding presence in Vietnam and Canada.
November 17-24, 2025: A sanctions trial against the Dutch shipbuilder Damen Shipyards. The plans for international partnerships investing in U.S. yards, and expanding operations, to revive and upgrade the American shipbuilding capability were also progressing.