SAC: Canada Shipbuilders Seek New Strategy

Friday, October 27, 2006
Canada needs a new shipbuilding strategy that will help domestic firms become more globally competitive, says the president of the Shipbuilding Association of Canada (SAC). But Peter Cairns is not calling for policies that enable Canadian companies to build ships for overseas markets. He wants Ottawa to introduce tax breaks and other incentives so that Canuck firms can beat out international rivals on domestic deals to build ships that sail in Canadian waters.

Ottawa-based SAC, which represents Canada's ship-building and ship-repair companies across the country, is forecasting $8.6 billion worth of demand for Canadian vessels over the next 15 years. The demand breaks down as $2.8 billion for commercial ships - including ferries and merchant vessels - and $5.8 billion for federal ships, including navy ships, Atlantic ferries, coast guard vessels, Department of Fisheries and Oceans boats and others. Source: Business Edge

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Crowley Christens 2nd LNG-ready Product Tanker

Crowley christens second of four newly built, LNG-ready product tankers for use in U.S. coastwise trade   Crowley Maritime Corp. has christened the second of

VT Halter Delivers ATB Tug to Bouchard

VT Halter Marine, Inc. announced the delivery of the M/V Morton S. Bouchard Jr., the first of the two 6,000 horsepower Twin Screw Articulated Tug Barge (ATB) tugs to Bouchard Transportation Co.

Damen Builds Cable Installer For Maersk Supply Service

New Damen-built vessel for Maersk Supply Service to undertake long-term charter with DeepOcean   A newbuild DP2 cable installation vessel, Maersk Connector, was

Navy

Antietam, McCampbell Build Relationships at IFR 2016

Ticonderoga-class guided-missile cruiser USS Antietam (CG 54) and Arleigh Burke-class guided-missile destroyer USS McCampbell (DDG 85) arrived Feb. 4 in India

Indian Navy Shows Off Strength

India’s naval might was on full display off the coast of Visakhapatnam today (Saturday) as President Pranab Mukherjee reviewed the naval fleet.   Mukherjee,

Russia Confirms Tanker Seized by Niger Delta Militants

Russia’s embassy in Nigeria confirmed on Thursday that the Greek-owned oil tanker Leon Dias has been hijacked in the Gulf of Guinea, reports TASS.   There are

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0575 sec (17 req/sec)