The U.S. government has pushed ahead with plans to revitalize its shipbuilding industry, after President Trump issued an executive order on April 9 entitled “Restoring America’s Maritime Dominance.”
“The commercial shipbuilding capacity and maritime workforce of the United States has been weakened by decades of government neglect, leading to the decline of a once strong industrial base, while simultaneously empowering our adversaries and eroding United States national security,” says the order.
“Both our allies and our strategic competitors produce ships for a fraction of the cost needed in the United States.
“Rectifying these issues requires a comprehensive approach that includes securing consistent, predictable, and durable federal funding, making United States-flagged and -built vessels commercially competitive in international commerce, rebuilding America’s maritime manufacturing capabilities (the maritime industrial base), and expanding and strengthening the recruitment, training, and retention of the relevant workforce.”
Read more in an article from The Loadstar.
