Workflow
Shipbuilding
icon
Search documents
EdgeTI Positioned to Revolutionize Shipyard Backlogs and Accelerate Defense Modernization
TMX Newsfile· 2026-02-03 08:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) is strategically positioned at the intersection of global defense modernization, digital transformation, AI adoption, and operational scale [1] Industry Overview - The U.S. shipbuilding industry has faced significant challenges, with the U.S. accounting for only 0.1% of global shipbuilding, while China dominates with 53.3% [2] - There is a consensus in the industry that AI and digital twins are essential for addressing shipyard backlogs and enhancing sustainment readiness [3] Company Developments - edgeTI's edgeCore™ platform integrates real-time digital twin intelligence with AI and automation to enhance decision-making and optimize lifecycle performance [4] - The acquisition of software and automation assets from Austal Limited aims to establish new operations in Perth, Australia, enhancing maritime and aviation lifecycle management [5] - The partnership with Austal is expected to deliver integrated, AI-enabled digital twin capabilities crucial for restoring U.S. maritime readiness [6] Strategic Partnerships - edgeTI has expanded its collaboration with Sabel Systems to accelerate digital engineering initiatives in defense manufacturing [8] - This partnership aims to address lifecycle challenges in maritime assets through rapid deployment of mission-ready templates and domain-specific KPIs [9] Leadership and Advisory - The appointment of Lucian Niemeyer to edgeTI's Industry Advisory Council enhances the company's expertise in navigating defense acquisition environments [10] Financial Strength - In late 2025, edgeTI secured an oversubscribed US$8.01 million convertible debenture financing to support accelerated commercialization and digital twin implementations [11] Market Opportunity - The defense and industrial sectors are undergoing modernization, with persistent backlogs and escalating lifecycle costs, where AI-powered digital twins can streamline logistics and predict maintenance needs [12] - The CEO of edgeTI emphasized that digital twins are now operational imperatives, reflecting a strategy to align technology and partnerships for effective decision-making [13]
X @Forbes
Forbes· 2026-02-01 12:00
Turquoise Yachts new, 285-foot-long flagship that was just launched in Istanbul marks a significant milestone for the shipbuilder that’s been in building steel and aluminum yachts since the 1970’s.Not only is the newly launched Vento the largest yacht the yard has ever built. It’s also the largest yacht ever built in Turkey and marks the latest chapter in a longstanding collaboration (which spans 12 projects over 17 years) between Turquoise and London-based H2 Yacht Design.Take a closer look: https://t.co/w ...
全球领先LNG运输船天山号顺利交付
南方财经1月30日电,据央视财经,1月30日上午,由中船集团沪东中华自主研发建造的17.4万立方米大 型LNG运输船"天山"轮在边检机关等口岸单位的保障下,于上海长兴岛沪东中华码头顺利交付。这条船 配备了全球领先的液货围护系统,能够在零下163℃的低温下装载液化天然气安全航行。我国作为天然 气进口大国,除管道运输外,巨量天然气的运输大多要依靠这类"海上超级冷冻车"——它可通过低温液 化高效运输,单次运输量能满足330万个家庭一个月的用气需求。我国已具备该船型的自主研发建造能 力,大型LNG运输船与大型邮轮、航空母舰并称为船舶工业造船领域"皇冠上的三颗明珠"。 ...
HII Names Fatina Brave Vice President of Infrastructure and Sustainability at Ingalls Shipbuilding
Globenewswire· 2026-01-29 22:15
Core Viewpoint - HII has appointed Fatina Brave as the new vice president of infrastructure and sustainability at Ingalls Shipbuilding, succeeding Eric Crooker, who has moved to program management [1][2]. Group 1: Leadership Changes - Fatina Brave will oversee environmental, health, safety, security, facilities, and maintenance operations at Ingalls Shipbuilding [2]. - Eric Crooker has transitioned to the role of vice president of program management, succeeding George Nungesser, who is retiring after 37 years [1]. Group 2: Responsibilities and Goals - Brave's responsibilities include enhancing operational efficiency, fostering shipbuilder well-being, and leading the adoption of new technologies and equipment [2]. - She will report directly to Ingalls Shipbuilding President Brian Blanchette [2]. Group 3: Background of Fatina Brave - Fatina Brave has a distinguished background, including service in the U.S. Air Force and 15 years of leadership in human resources at Ingalls [3]. - Since joining HII in 2011, she has held various roles, most recently as director of talent acquisition and workforce development [3][8]. Group 4: Company Overview - HII is the largest shipbuilder in America, providing advanced ships and mission technologies to U.S. and allied defense customers [9]. - The company has a workforce of 44,000 and has a history of over 140 years in advancing U.S. national security [10].
*ST松发:下属公司签订重大船舶建造合同 合同金额达2亿-3亿美元
Zhong Zheng Wang· 2026-01-29 14:52
公司表示,合同的履行预计将对公司未来的业绩产生积极影响,有利于提高公司中长期市场竞争力和盈 利能力,进一步巩固公司的市场竞争优势。(王珞) *ST松发(603268)1月29日发布公告称,其下属公司恒力造船(大连)有限公司近日与欧洲知名船东签订 2艘30.6万吨VLCC(超大型原油运输船)建造合同,合同金额合计2亿-3亿美元,预计于2028年下半年交 付。 ...
HD Hyundai Chairman Chung Kisun Holds Talks with Prime Minister Modi to Discuss Bilateral Cooperation
Prnewswire· 2026-01-29 02:30
Core Viewpoint - HD Hyundai is actively expanding its collaboration with India in the shipbuilding sector, viewing India as a crucial part of its strategy for overseas production diversification and growth [4][6]. Group 1: Meeting Details - HD Hyundai Chairman Chung Kisun met with Indian Prime Minister Narendra Modi to discuss enhancing bilateral cooperation in shipbuilding during a high-level roundtable on January 28, 2026 [1][2]. - The roundtable was part of India Energy Week 2026, featuring around 30 participants, including Indian ministers and global company executives [2]. Group 2: Collaborative Initiatives - Chairman Chung expressed gratitude for the Indian government's commitment to the shipbuilding industry and requested ongoing support for HD Hyundai's initiatives in India [3]. - HD Hyundai signed a memorandum of understanding with Cochin Shipyard in July 2025 to collaborate on design, procurement, productivity improvements, and workforce development [4]. - The collaboration with Cochin Shipyard has recently expanded to include naval vessels, and an exclusive MOU was signed with the Tamil Nadu government for joint shipyard development and crane business cooperation with BEML [5]. Group 3: Government Interest - Indian officials, including the Minister of Petroleum and Natural Gas and the Minister for Industries, have shown strong interest in deepening cooperation with HD Hyundai, visiting South Korea to explore collaboration opportunities [6].
HII's Newport News Shipbuilding Marks 140 Years of Service to the Nation
Globenewswire· 2026-01-28 14:00
NEWPORT NEWS, Va., Jan. 28, 2026 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding division is marking 140 years of service to the nation today. On Jan. 28, 1886, Collis P. Huntington, a businessman whose investments enabled completion of the U.S. transcontinental railroad, turned his focus to shipbuilding, establishing what was first chartered as Chesapeake Dry Dock and Construction Co. and was then renamed Newport News Shipbuilding and Drydock Company. Several years later, the shipyard deliv ...
Algoma Steel and Hanwha Ocean Sign Binding Memorandum of Understanding (MOU) for Long-term Strategic Arrangement supporting Canadian Patrol Submarine Project
Globenewswire· 2026-01-26 17:30
Core Viewpoint - Algoma Steel Group Inc. has entered into a binding memorandum of understanding with Hanwha Ocean Co., Ltd. to support Canada's future submarine program with Canadian steel and expertise, representing a strategic partnership valued at approximately USD $250 million (CAD $345 million) [1][2]. Group 1: Strategic Partnership Details - The MOU includes a cash contribution of USD $200 million (CAD $275 million) for the potential development of a structural steel beam mill in Sault Ste. Marie, Ontario, and anticipated purchases of Algoma products valued at up to USD $50 million for the Canadian Patrol Submarine Project [2]. - The arrangement aims to strengthen Canada's domestic industrial base and support the operational needs of the Royal Canadian Navy, potentially creating new skilled jobs in Canada [3][5]. Group 2: Financial and Operational Commitments - Algoma will make annual payments to Hanwha Ocean for ten years, amounting to 3.0% of the net sales from the beam mill facility, contingent on its financial performance [4]. - The MOU is contingent upon Hanwha Ocean being awarded a contract under the Canadian Patrol Submarine Project and the execution of definitive agreements with Algoma [4]. Group 3: Industry Impact and Future Directions - This partnership aligns with Canada's Buy Canadian policy, promoting domestic supply chains and supporting industrial sovereignty and job creation in a global context [5]. - Algoma is transitioning to electric arc furnace steelmaking, which is expected to reduce carbon emissions by approximately 70% once fully operational, marking a significant step in industrial decarbonization in North America [10].
X @Bloomberg
Bloomberg· 2026-01-26 03:46
South Korea is dispatching a high-level delegation to Canada, led by the presidential chief of staff and heads of top shipbuilders, in a bid to demonstrate the government’s all-out effort to secure a major submarine contract https://t.co/v7ySfvBaXH ...
Rheinmetall eyes naval expansion following Luerssen purchase, says CEO
Reuters· 2026-01-23 09:43
Core Viewpoint - German arms maker Rheinmetall is actively pursuing further acquisitions in the naval sector following its recent agreement to acquire the warship division of German shipbuilder Luerssen for 1.35 billion euros ($1.57 billion) [1] Company Summary - Rheinmetall has made a strategic move by agreeing to purchase Luerssen's warship division, indicating a strong interest in expanding its naval capabilities [1] - The acquisition is valued at 1.35 billion euros, which translates to approximately $1.57 billion, showcasing Rheinmetall's commitment to growth in the defense sector [1] Industry Summary - The naval sector is experiencing consolidation, with companies like Rheinmetall looking to enhance their market position through acquisitions [1] - Rheinmetall's potential further acquisitions suggest a trend of increased investment and activity within the defense industry, particularly in naval capabilities [1]