BAE Systems announced it will spend $200 million for upgrades aimed at increasing capacity and flexibility at its Jacksonville, Fla. ship repair yard. The investment covers the preparation, construction, procurement and installation of a modern Pearlson shiplift and land-level ship repair facility…

Testing, inspection and certification specialist Bureau Veritas and nuclear power technology developer ThorCon have entered an agreement for the technology qualification and the subsequent development of a 500-megawatt (MW) molten salt nuclear…

Norwegian vessel operator Wilhelmsen Ship Management announced it has taken over management of the newbuild liquefied petroleum gas (LPG) carrier HLS Blue Sapphire.The 86,000-cubic-meter-capacity very large gas carrier (VLGC) is the first managed…

The U.S. Administration’s strategy to fast-track offshore wind development is exciting for overseas shipbuilders and service providers in the field. Joint ventures meeting Jones Act requirements will support accelerating development. Some question…