#shipbuilding-delays-and-cost-overruns

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fromwww.businessinsider.com
11 hours ago

A top US shipbuilder is exploring how AI and robots can do some of the hardest jobs on the production floor

"Together we will integrate physical AI into manned and unmanned shipbuilding and further accelerate the industrial revitalization already underway," Eric Chewning stated.
Artificial intelligence
fromABC7 San Francisco
21 hours ago

Amazon, UPS, FedEx, USPS add temporary fuel surcharges to offset extra costs

"Transportation costs are a big factor there. Every company that is involved and has logistics and they have to pay for gas, either they have to absorb this cost, or they will charge the third party that will provide this service. I'm not surprised this is happening, because at some point, Amazon will say we cannot absorb all this cost."
Alternative transportation
#strait-of-hormuz
World news
fromwww.cbc.ca
3 weeks ago

How shipping companies are navigating danger in the Strait of Hormuz | CBC News

Thirteen merchant vessels attacked in Strait of Hormuz since February 28 have killed at least seven crew members, reducing daily transit from 151 ships to four and blocking critical Persian Gulf shipping.
from24/7 Wall St.
5 days ago

GE Aerospace Is Down 14% This Month While Its $190 Billion Backlog Keeps Growing

The Islamic Revolutionary Guard Corps (IRGC) has threatened to strike 18 US technology and defense-related companies operating in the Middle East, including GE, which has contributed to a bearish sentiment among investors.
Business
UK news
fromwww.independent.co.uk
6 days ago

First sea lord admits Royal Navy is not ready for war

The Royal Navy is not currently ready for war, according to General Sir Gwyn Jenkins, who emphasizes the need for further preparation.
Silicon Valley
fromFast Company
1 week ago

The Navy's AI bet to fix its submarine bottleneck

The U.S. Navy is investing in AI and robotics to address submarine manufacturing bottlenecks with a new $2.4 billion facility in Alabama.
Business
from24/7 Wall St.
5 days ago

Boeing Gains 5%, Lockheed Martin Up 2%: Defense Stocks Are Having a Moment as Pentagon Spending Accelerates

Boeing and Lockheed Martin shares rose significantly due to a major Pentagon contract to triple production capacity for PAC-3 missile seekers.
fromnews.bitcoin.com
1 week ago

Shipping Firms Quietly Pay Iran Millions to Navigate Hormuz Corridor

Iran has begun extracting transit fees from commercial ships in the Strait of Hormuz, with payments reportedly reaching as high as $2 million per voyage, creating an informal toll system.
World news
#us-navy
Artificial intelligence
fromwww.businessinsider.com
1 week ago

The US Navy is pouring almost $1 billion into automating submarine production amid skilled worker shortages

The US Navy is investing $900 million in automated factories to enhance production of parts for nuclear submarines amid workforce shortages.
Artificial intelligence
fromwww.businessinsider.com
1 week ago

The US Navy is pouring almost $1 billion into automating submarine production amid skilled worker shortages

The US Navy is investing $900 million in automated factories to enhance production of parts for nuclear submarines amid workforce shortages.
Agile
fromBusiness Matters
2 weeks ago

How to Avoid Construction Delays and Stay on Schedule

Construction delays can derail projects due to poor planning, resource shortages, and communication breakdowns, but can be mitigated with effective strategies and technology.
fromCalifornia Post
2 weeks ago

'Precarious' situation as damaged shipping containers arrive at Port of Long Beach

Aerial views showed multiple containers stacked and on the verge of dangerously teetering into the water, with many in uneven and awkward positions.
US news
California
fromLos Angeles Times
2 weeks ago

Dozens of containers lost, damaged while en route to Port of Long Beach, Coast Guard says

32 shipping containers fell overboard from the OOCL Sunflower during heavy North Pacific weather, with 57 additional containers damaged upon arrival at Long Beach port.
Startup companies
fromTechCrunch
2 weeks ago

Arc expands into electric commercial and defense boats with $50M raise | TechCrunch

Arc Boat Company raised $50 million to expand commercial operations and sell electric propulsion systems to defense contractors, leveraging consumer boat success to prove technology reliability.
UK news
fromwww.theguardian.com
1 week ago

UK defence firms bleeding cash' as delayed spending plan leaves industry in paralysis'

Defence manufacturers face severe challenges due to delays in the UK military spending plan, leading to business failures and industry paralysis.
US politics
fromwww.aljazeera.com
2 weeks ago

Trump temporarily waives century-old shipping law amid rising fuel costs

Trump waived the Jones Act for 60 days to allow foreign ships to transport cargo to US ports, aiming to reduce fuel costs, though critics argue it won't lower gasoline prices and may undermine labor and safety standards.
Environment
fromFortune
2 weeks ago

Meet the Jones Act, the law that has made gas more expensive for Americans for decades | Fortune

The Jones Act protects American shipping and shipbuilding but increases transportation costs for goods, particularly in Alaska, Hawaii, and Puerto Rico, while suspending it could moderately reduce gas prices over months.
#uss-gerald-r-ford
World news
fromwww.businessinsider.com
2 weeks ago

The US Navy's most advanced aircraft carrier pulled into port after months at sea facing combat, fire, and plumbing problems

USS Gerald R. Ford aircraft carrier is in port for maintenance in Crete, temporarily removing it from operations against Iran.
World news
fromwww.businessinsider.com
2 weeks ago

The US Navy's most advanced aircraft carrier pulled into port after months at sea facing combat, fire, and plumbing problems

USS Gerald R. Ford aircraft carrier is in port for maintenance in Crete, temporarily removing it from operations against Iran.
fromFortune
1 week ago

This AI-proof career faces a 250,000-worker shortage-now the Trump administration is trying to revive the job millennials abandoned | Fortune

"This is absolutely a rare window for young workers because the demand is real, funded, and seemingly long-term," Fraser Patterson, CEO of Skillit, stated. "These are not speculative jobs. They are tied to multi-decade investment cycles, and they offer a path to strong earnings, skill development, and stability without requiring a traditional four-year degree."
Business
fromBusiness Insider
3 weeks ago

Paid IEEPA tariffs on overseas purchases? Here is what shipping companies are saying about refunds

After Trump ended the de minimis exemption last year, purchasing an item straight from an international vendor, regardless of the item's value, meant incurring International Emergency Economic Powers Act tariffs. Now, thanks to a ruling by the Supreme Court that overturned Trump's IEEPA tariffs, and a ruling by the Court of International Trade ruled that all tariffs paid under IEEPA must be returned, buyers may be able to collect a refund.
European startups
San Francisco
fromABC7 San Francisco
3 weeks ago

The unseen strain on Bay Area's Vessel Traffic Service workers amid partial government shutdown

Vessel Traffic Service workers monitoring San Francisco Bay ships work without pay during the partial government shutdown, maintaining critical water safety operations invisibly to the public.
fromOpen Culture
3 weeks ago

The Fascinating Engineering of the Titanic: How the Great Ocean Liner Was Built

The Titanic was one of a trio of similar White Star Line ships completed in the early nineteen-tens. In the video above, Bill Hammack, known on YouTube as Engineerguy, tells the story of not just the Titanic, but also the Olympic and the HMHS Britannic. An engineering professor at the University of Illinois, he found in the campus library issues of the journal The Engineer published between 1909 and 1911 that contain detailed photographs of the construction of both the Titanic and Olympic, sister ships that were built side-by-side.
OMG science
World politics
fromFortune
2 weeks ago

The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder | Fortune

Multiple supply shocks in recent years suggest a need to rethink economic models and the Federal Reserve's approach to inflation and supply chain disruptions.
fromArs Technica
1 month ago

Fishing crews in the Atlantic keep accidentally dredging up chemical weapons

Recovered CWMs continue to pose worker and food safety risks. Because of ocean drift, storms, and offshore industries, sea-disposed CWMs locations are largely unknown and potentially far from their originally documented dump site. The three incidents exposed at least six crew members to mustard agent, which causes blistering chemical burns on skin and mucous membranes.
Miami Marlins
World politics
fromenglish.elpais.com
2 weeks ago

Plastics, aluminum, and microchips: What the closure of the Strait of Hormuz costs the world economy beyond oil and gas

A Strait of Hormuz blockade disrupts global trade in fertilizers, chemicals, and refined products, creating cascading economic impacts beyond oil prices through supply chain disruptions affecting developing regions disproportionately.
#defense-spending
fromThe Cipher Brief
3 weeks ago
US politics

America's "Exquisite Class" Weapons Shortage

President Trump met with major U.S. defense contractors to quadruple production of advanced weaponry while simultaneously pursuing military interventions in Venezuela and Iran instead of diplomatic solutions.
Business
from24/7 Wall St.
3 weeks ago

3 Defense Stocks Built for the New Era of National Security Spending

Defense spending is shifting structurally, with investors identifying companies positioned to capture the next decade of growth through diversified funds, nuclear propulsion specialists, and emerging defense technology providers.
Business
from24/7 Wall St.
3 weeks ago

3 Defense Stocks Built for the New Era of National Security Spending

Defense spending is shifting structurally, with investors identifying companies positioned to capture the next decade of growth through diversified funds, nuclear propulsion specialists, and emerging defense technology providers.
LA real estate
fromwww.housingwire.com
1 month ago

Builders started 2026 with margin pressure, then came Iran war risk

Homebuilders face steady but challenging market conditions with modest demand growth offset by affordability constraints, thin margins, and heavy reliance on incentives rather than price increases.
Venture
fromFortune
1 month ago

The Pentagon is committing $150M to a maritime tech VC fund and appears to be ramping up venture deals | Fortune

The Pentagon commits $150 million to Mare Liberum, a maritime technology venture fund, as part of its strategic capital program supporting critical national security technologies.
San Francisco
fromsfist.com
1 month ago

It Will Likely Be a Year Before the Port of SF's Sinking Dry Dock #2 Can Be Demolished and Removed

The Port of San Francisco's Dry Dock #2 requires constant pumping to prevent sinking and won't be removed until 2027, risking catastrophic damage from winter storms.
fromLondon Business News | Londonlovesbusiness.com
3 weeks ago

Blockade of the Strait of Hormuz will cause 'significant extra costs' for shipping and consumers - London Business News | Londonlovesbusiness.com

Khamenei insisted that Iran would continue to use control of the waterway - through which roughly one-fifth of global oil and gas flows - as a tool of economic and strategic pressure on the U.S. and its allies, underscoring persistent regional tensions.
World news
fromTheregister
4 weeks ago

Royal Navy races to arm ships against drone threat

The RFI calls for a "rapidly procured and installable Counter UAS (unmanned aircraft system) capability" that is "suitable for maritime platforms to detect, track, identify, and defeat airborne threats." Project TALON will combine a mix of "effectors" both kinetic and non-kinetic to counter the threats posed by the proliferation of drones, and is intended to complement current complex missile-based systems.
London startup
World news
fromLondon Business News | Londonlovesbusiness.com
4 weeks ago

Royal Navy aircraft carrier may need allies to protect it - London Business News | Londonlovesbusiness.com

HMS Prince of Wales has been placed on five-day deployment alert for potential Middle East operations amid escalating regional tensions, though the Royal Navy faces challenges assembling a full carrier strike group without allied support.
fromwww.theguardian.com
1 month ago

Maritime and port workers: how is the Middle East conflict affecting you?

Maritime traffic through the strait, the narrow channel linking the Persian Gulf with the Gulf of Oman, has effectively been closed since strikes on Iran began. Some vessels have been diverted or delayed and ports and shipping companies are dealing with heightened security concerns and uncertainty.
World politics
fromBusiness Insider
1 month ago

China is moving toward all-nuclear submarine construction in a major strategic shift, US Navy intel chief says

The PLAN "is executing a significant strategic shift from diesel-electric to all-nuclear construction, representing a fundamental departure from historical construction patterns." Expanded investments at three shipyards, major construction efforts, and infrastructure upgrades have increased China's nuclear submarine production rate from less than one boat a year "to significantly higher rates."
World politics
Miscellaneous
fromwww.theguardian.com
2 months ago

Royal Navy shipbuilder in limbo owing to cash shortage at Liberty Steel plant

Cash shortages at Liberty Steel Dalzell threaten delivery of 34,000 tonnes of plates for three Royal Navy FSS ships, delaying shipbuilding.
World news
fromwww.aljazeera.com
1 month ago

US will provide insurance for ships in Gulf amid Iranian attacks: Trump

The US will provide discounted maritime insurance through the DFC and deploy Navy escorts through the Strait of Hormuz to maintain global oil flow amid Iranian disruptions.
World politics
fromBusiness Insider
1 month ago

Tons of goods are stuck around the Middle East amid shipping and air chaos

US-Israel military strikes on Iran are causing major shipping lines to suspend services, reroute vessels, and impose war risk surcharges, disrupting global supply chains across critical trade corridors.
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Royal Fleet Auxiliary Set to Strike Over Pay - London Business News | Londonlovesbusiness.com

The walkout will begin at 12.01 am on March 5 and end at 11.59 pm on March 6, with union members stating that essential safety functions, such as vessel navigation and emergency response, will be maintained to ensure safety during the strike. The RMT said workers will continue to carry out duties necessary to ensure vessel safety, including maintaining moorings and gangways.
UK news
#ss-red-oak-victory
fromLondon Business News | Londonlovesbusiness.com
2 months ago

Global construction costs are set to increase by 2.4% this year, but uncertainty will test delivery - London Business News | Londonlovesbusiness.com

Construction costs globally are set to rise by 2.4% in 2026, but growing uncertainty is the real challenge to project delivery. The findings are captured in 'Construction in 2026: Where Certainty Comes from Agility' a new report published by Currie & Brown, a world-leading provider of cost management, project management and advisory services. UK market: steady costs, fragile confidence At 3.6%, the UK sits in the middle of the global range of forecast cost escalation for 2026.
Real estate
Science
fromwww.scientificamerican.com
2 months ago

Unsinkable metal discovery could build safer ships and harvest wave energy

Laser-etched superhydrophobic textures let damaged aluminum tubes trap air and remain buoyant, mimicking diving bell spiders' hair-based air-trapping mechanism.
New York City
fromCaribbean Life
2 months ago

Major Brooklyn shipping company closes doors after 45 years of service - Caribbean Life

Square Deal Shippers, a Brooklyn institution connecting the Caribbean to New York, permanently closed on Dec. 23, 2025 after 45 years.
fromwww.dw.com
1 month ago

Why German building projects run over time and budget

Or take Cologne's opera house. Built in the 1950s as a symbol of modern democracy, it was a cultural jewel. By 2012, it needed renovation. The plan sounded simple: three years of work, reopening in 2015. Fast-forward to today: The building, which comprises the opera itself, a theater with two stages, and a children's opera with its own stage, remains a construction site.
Germany news
UK politics
fromwww.theguardian.com
2 months ago

Minister defends long delays to UK military spending plan

The UK's Defence Investment Plan is repeatedly delayed, creating a £28bn funding gap and stalling the Tempest fighter programme while funding options are debated.
#tariffs
UK politics
fromwww.theguardian.com
2 months ago

Dealing with post-Brexit paperwork pure hell', shipping head tells MPs

Post-Brexit veterinary paperwork and customs bureaucracy have imposed severe delays and costs on British exporters, detaining meat shipments and increasing logistics expenses.
fromBusiness Insider
2 months ago

The US Navy's next Ford-class supercarrier is setting sail for a new test at sea

The USS John F. Kennedy aircraft carrier is setting sail for a new test at sea, specifically its shipbuilder sea trials. It marks a major milestone for the US Navy's next supercarrier. The trials will be overseen by top shipbuilder Huntington Ingalls Industries, allowing for evaluations of the vessel before it's delivered to the Navy. Though the ship has gone through river-based propulsion testing, these trials are when the new warship leaves the yard and proves that it actually works at sea.
US news
US politics
fromBusiness Matters
2 months ago

Trump threatens defence firms over slow weapons production

President Trump threatened to block dividends and share buybacks at major defense contractors unless they redirect capital to accelerate weapons production and cap executive pay.
fromBusiness Insider
2 months ago

Shipbuilders put 3D printed parts on a US aircraft carrier and submarine. The Navy liked the results.

The US Navy is betting on 3D printing parts to speed up work on the fleet while also cutting costs after two wins last year, the service said recently. A Naval Sea Systems Command release said that additive manufacturing moved "from a promising capability to a warfighting capability in 2025." Two examples the Navy said were among the service's most significant achievements last year involved putting 3D-printed parts on its most in-demand and complex vessels.
World news
World news
fromwww.aljazeera.com
2 months ago

Shipping giant Maersk to take over Panama Canal ports after court ruling

Maersk will temporarily operate Panama Canal Balboa and Cristobal ports after Panama's Supreme Court invalidated CK Hutchison's concession for being unconstitutional.
World news
fromwww.theguardian.com
2 months ago

Reflagged by Russia, spied on by UK, seized by US: why so much interest in a rusty tanker in the Atlantic?

The 300-metre tanker Marinera, part of a sanctions-evasion shadow fleet, was seized by US forces amid suspicions of illicit cargo or symbolic strategic value.
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