Navy League Expresses Concern about Shipbuilding

Friday, February 08, 2002
The Navy League of the United States is concerned about new shipbuilding construction proposed in the FY 2003 DOD Budget. The Navy League appreciates that there are though choices involved in the budget and supports the Navy’s decisions to recapitalize its force by funding operations and management and other critical areas. However, only half the ships the Navy needs are slated for construction. The Navy League and other national security organizations have been advocating a shipbuilding rate of at least 10 to 12 ships per year. The funding of 5 ships is not only inconsistent with what the Navy has said is necessary to maintain a 300-ship fleet but is contrary to the 360 ship fleet the Navy League believes is necessary to meet the national security needs of our Nation and maintain a productive industrial base. Navy League President Timothy Fanning said, “this news of only 5 ships being funded is disappointing to our leadership, particularly when the Nation is at war and is most vulnerable. Our best defense is a good offense, which means that we must engage terrorists before they reach our shores. The sea services have the ability to do this by projecting power from the sea. They need the best equipment and weapons to fight our enemies and defeat them. The Navy should not be forced to choose between spare parts and new ships. They need them both.”
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Otto Marine's Financial Health on the Mend

Michael See Kian Heng, Group Executive Director of Singapore-based offshore vessel owners & shipbuilders Otto Marine, says that his company reported revenue of US$512.

Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.

Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
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: 0.0916 sec (11 req/sec)