The U.S. Navy has selected Fincantieri Marinette Marine, its Wisconsin-based shipyard, to construct the first four Medium Landing Ships (LSM) as part of the Landing Ship Medium program, announced on February 18, 2026. This decision follows the Navy’s issuance of a Request for Proposal (RFP) for a Vessel Construction Manager (VCM) to oversee the acquisition, accelerating delivery through commercial practices, enhancing cost control, and expanding the domestic shipbuilding industrial base. The contract award for the

The Royal Navy nuclear-powered attack submarine HMS Anson has docked at HMAS Stirling near Perth, Western Australia, on February 22, 2026, in what officials describe as a historic visit strengthening Indo-Pacific security ties. This marks the first-ever maintenance activity conducted on a United Kingdom nuclear-powered submarine in Australia, as part of the trilateral AUKUS partnership between Australia, the United Kingdom, and the United States. The Astute-class submarine, crewed by approximately 100 personnel and equipped with torpedoes

Jeddah, Saudi Arabia – In a significant move for Red Sea container shipping, APM Terminals, the independent port operating subsidiary of A.P. Moller–Maersk, has acquired a 37.5% minority stake in the Southern Container Terminal (SCT) at Jeddah Islamic Port. DP World will retain a 62.5% majority shareholding and continue to lead day-to-day operations at the facility. The strategic partnership, announced on February 18, 2026, deepens collaboration between two of the world’s leading terminal operators. It