MarineLink News Search
Search term • The-Economic-Importance-of-U.S.-Shipbuilding-and
Create an email alert for The-Economic-Importance-of-U.S.-Shipbuilding-and
USCG Awards Bollinger Four More Fast Response Cutters
The U.S. Coast Guard has exercised a contract option to award Bollinger Shipyards four additional Sentinel-Class Fast Response Cutters (FRC). This announcement brings the total number of FRCs awarded to Bollinger up to 64 vessels since the program’s inception. To date, the U.S. Coast Guard has commissioned 43 FRCs into operational service.All four FRCs will be built at Bollinger’s Lockport, La. facility…
Bollinger to Build Four More Fast Response Cutters for U.S. Coast Guard
Bollinger Shipyards will build four more Sentinel-class Fast Response Cutters (FRC) for the United States Coast Guard after U.S. President Trump last Sunday signed into law the omnibus spending bill for Fiscal Year 2021, which included funding for four more such vessels.This increases the total number of funded boats to 64, Bollinger said.“It’s a great honor to have the confidence of the U.S. Congress to continue the work we’re doing in support of the U.S.
USCG Awards Four More Fast Response Cutters to Bollinger Shipyards
Bollinger Shipyards said it has been awarded contracts to build four additional Sentinel-Class Fast Response Cutters (FRC) for the U.S. Coast Guard, bringing the total number of FRCs awarded to the Louisiana shipbuilder up to 60 vessels since the program’s inception. The Coast Guard’s Program of Record is to procure 64 FRCs.All four of the newly awarded FRCs will be built at Bollinger’s Lockport, La. facility and are scheduled to be delivered in 2022 and 2023.
US Shipyards: Building for America, Jobs for Americans
The shipbuilding and ship repairing industry has always been a core strength of our nation. It has enabled the United States to protect and project its prosperity, power and influence internationally. A book in my office signed by shipbuilder William Webb illustrates the point. Mr. Webb inherited his father’s shipyard in 1840 and built over 130 of the fastest clipper sailing vessels; he later built the largest and most celebrated steamships of his era. Those were glory years for the U.S.
MarAd Stresses Economic Impact of Shipyard Jobs in NE
In comments before the international Tradewinds Ship Owners Forum in New York City, Maritime Administrator Paul “Chip” Jaenichen highlighted the more than 42,700 jobs, $3.6 billion in labor income and $4.78 billion in GDP associated with employment for shipbuilding and repair in the northeast region. “American shipyards provide a dependable, highly trained workforce that produce, repair and maintain some of the world’s most modern and innovative vessels.
California: A Strong Shipbuilding State
Shipbuilders Council of America (SCA) member General Dynamics NASSCO hosted U.S. Maritime Administrator Paul “Chip” Jaenichen for a tour of the San Diego shipyard, where SEACOR Constitution – a 610-foot tank ship launched this weekend. While on the tour, Administrator Jaenichen shared data from a report by the U.S. Maritime Administration (MARAD) that shows the U.S. shipbuilding and repair industry in California supports nearly 35…
W&O Opposes McCain Amendment
W&O announced its opposition to the McCain Amendment (amendment #2) to S.1, which it said would cripple the U.S. shipbuilding industry by striking the U.S. build requirement provisions of the Jones Act. “The amendment Senator John McCain has put forth would devastate W&O’s business and others operating in the maritime industry. The ripple effect of this legislation would also impact companies and individuals outside our industry…
AMP Opposes Amendment to Eliminate US Shipbuilding
American Maritime Partnership (AMP) issued a statement opposing Senator John McCain’s recent measure to eliminate the U.S. shipbuilding industry. AMP said U.S. shipbuilding is critical to supporting America’s military power and defense needs employs hundreds of thousands of Americans and pumps tens of billions of dollars into the U.S. economy. “The McCain amendment would gut the nation’s shipbuilding capacity, outsource our U.S.
The Economic Importance of U.S. Shipbuilding and Repair Industry
This summer, the U.S. Department of Transportation’s Maritime Administration (MARAD) asserted that domestic shipyards annually support $36 billion in gross domestic product. The report, entitled “The Economic Importance of the U.S. Shipbuilding and Repairing Industry,” aptly laid out how U.S. Shipyards create quality jobs and support economic growth far beyond our nation’s ports and waterways. The report also notes the U.S.
U.S. Shipbuilding Supports $36B in GDP
The U.S. Department of Transportation’s Maritime Administration (MARAD) said that the nation’s shipyards support $36B in gross domestic product, as part of a report on the U.S. shipbuilding and repair industry issued today. Acting Maritime Administrator Paul “Chip” Jaenichen shared the findings of the report, The Economic Importance of the U.S. Shipbuilding and Repairing Industry, at the FuturePorts Annual Conference in Long Beach, California.
Investment in Design: New Solutions for LNG Tankers
With its bid for commercial marine power applications strengthened by the addition of the MT30 aeroderivative gas turbine to its range, Rolls-Royce is pushing the…