Austal USA and Master Boat Builders, Inc. entered into a memorandum of understanding (MOU) establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity by increasing the ability of regional shipyards to take on large, complex programs for the U.S. government.
Empowering Small and Medium Shipyards Through Strategic ReformAs the United States faces mounting global maritime challenges, from contested sea lanes to aging fleets, the need to expand and modernize our shipbuilding industrial base has never been more urgent. Yet the path forward must be more than a call for capacity. It must be a call for smarter capacity.
Renewable energy company Source Galileo has signed a non-exclusive memorandum of understanding (MoU) with Portland Port, a commercial port on the South Coast of England, to jointly advance offshore wind development off Dorset coast in English Channel.Portland Port has a history of servicing the offshore wind sector and is in discussions with potential partners to enable and support the future
The U.S. Army Corps of Engineers (USACE), Baltimore District, has received more than $218 million in funding for numerous infrastructure improvement, dredging and environmental projects benefiting Maryland, Pennsylvania, southern New York, and the District of Columbia.The financing includes $62 million towards Baltimore Harbor operations and maintenance and $71.