Shipbuilding

U.S. Shipbuilding Industry Reaps Benefits from Investment Capital, Workforce Increase, and Navy Yard Activities

Over the past week, U.S. shipbuilding has been marked by new federal workforce funding, private yard expansion plans and high level Navy engagement with industry. The Labor Department unveiled a multimillion-dollar shipbuilding workforce plan, Master Boat Builders unveiled their defense focused facility and Navy leaders toured Bollinger Shipyards to review projects and capacity - these developments represent a coordinated effort to accelerate fleet growth.

President Trump Announces Trump-Class Battleships to Revitalize US Shipbuilding Under Golden Fleet Initiative

On December 22, 2025, President Donald Trump unveiled the Trump-class battleships as the centerpiece of his Golden Fleet initiative to expand naval power with initial construction of two vessels that is projected to increase to 20-25 over time. This initiative puts pressure on defense contractors over delays while increasing shipyard activity nationwide amid worries over China's shipbuilding pace. Navy Secretary John Phelan provided details regarding advanced weapons including nuclear-armed missiles.

Global Shipyards Register Deliveries, Naval Moves and Clean-Tech Orders Amid Stagnant Ordering Climate

Shipbuilding industry achieved a number of impressive wins during the otherwise quiet newbuilding week. Cadeler took delivery of their latest wind installation vessel from Korea; QatarEnergy named large LNG carriers at a major Korean yard; Fincantieri s revised US Navy frigate deal robbed their order book of a significant chunk of naval work; the raft of offshore, tanker, hybrid icebreaker projects across Europe and North America.