HD Hyundai and Kiewit plan a joint venture to build a new shipyard in Ingleside, Texas, and Wildcat Defense agrees to acquire Superior, Wisconsin-based Fraser Industries with a planned $350 million investment. Plus WorkBoat names its 10 Significant Boats of 2026, with the Boat of the Year to be announced at the International WorkBoat Show.
This Week's Stories
HD Hyundai, Kiewit plan joint venture to develop new US shipyard
HD Hyundai and Kiewit Maritime plan to form HD Kiewit Shipbuilding, a joint venture to develop a new shipyard in Ingleside, Texas, with construction targeted to begin in 2027 and full-scale operations in 2029.
Read the full storyWildcat Defense agrees to acquire Fraser Industries
Wildcat Defense has signed an exclusive agreement to acquire Fraser Industries, the Superior, Wisconsin parent company of Fraser Shipyards, and plans to invest $350 million to expand the yard's workforce and manufacturing footprint.
Read the full storyWorkBoat names its 10 Significant Boats of 2026
WorkBoat recognizes 10 outstanding commercial vessels built or featured this year, spanning dredging, offshore, towing, pilotage, passenger service, and research, with the Boat of the Year to be announced at the International WorkBoat Show on December 2.
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