Taking your children or grandchildren for a ride on the Merry-Go Round may be a pleasant past memory. With that memory, we are asking to think about your choice of the best horse as you board the platform. A decision resting upon what you want out of the ride. Now consider that selection to the current state of US shipbuilding.
The Trump administration suspended leases on Monday for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns, sending shares of offshore wind companies plunging.The suspension was the latest blow for offshore wind developers that have faced repeated disruptions to their multi-billion-dollar projects under U.S.
The Trump administration on Friday ordered Denmark's Orsted to stop far-advanced construction on an offshore wind project near Rhode Island, in a move that threatens to exacerbate the company's financial troubles.With construction now frozen at 80% completion, Orsted has no immediate path to revenue generation, heightening pressure on the company as it seeks to shore up finances through a $9.
The military and Coast Guard budgets are established that will benefit the U.S. ship building and repair sector, but what will stimulate the commercial yards?This author has been scratching his head of late, after a thrilling dive into July’s U.S. Big Beautiful Bill Act, and has asked several colleagues where the funding for support commercial shipbuilding can be found? To answer that
Connecticut Maritime Association has decided to move its annual meeting and exposition to Houston for the coming year. In the last few years attendance has shrunk and I suppose leadership thinks that Houston has more potential to draw interest from the maritime community. This leaves me to wonder what the “Maritime Community” actually is.Connecticut Maritime Association had an interesting origin.
Zinus Power LLC has announced that it has been awarded a contract by the Connecticut Port Authority to support the initiatives of the New London State Pier Shore Power Project.Zinus’ deliveries will introduce extended shore power capabilities and connections to vessels through battery-powered mobile shore power cable management systems. Delivery is scheduled for late Q4 2026.
Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14.Revolution Wind, a 704MW offshore wind energy project, is expected to supply enough electricity to power more than 350,000 homes and businesses.
The Connecticut Maritime Association (CMA) announced that its most prestigious honor, The Commodore Award, has been renamed The Jim Lawrence Commodore Award, effective immediately. This change commemorates the extraordinary life and lasting legacy of Jim Lawrence, who passed away on June 1, 2025, after a distinguished career spanning more than four decades in the maritime industry.
Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month.The ruling is a legal setback for Trump, who has sought to block expansion of offshore wind in U.S. waters.
The Trump administration's order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday.State leaders in Connecticut and Rhode Island demanded details from the administration about why it issued a stop-work order to the Revolution Wind project late on
Electric Boat, a business unit of General Dynamics, announced that it was awarded a $1.85 billion contract modification to a previously awarded contract supporting submarine production. This modification is for long lead time material and preliminary construction efforts for submarine production, as detailed in the June 26 U.S. Department of Defense contract award announcement.
General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), was awarded a $987 million contract modification to a previously awarded contract supporting submarine production. This modification is for additional Component Development, Class Lead Yard Support (CLYS), and Submarine Industrial Base (SIB) supplier development enhancements, as detailed in the U.S.