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

Shipbuilding

NASSCO Delivers Garden State to APT

Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

VesselValue.com: $28.4B Worth of Ships Delivered to Date

As the calendar now indicates we have passed the half year mark on 2016, VesselValue.com offers insight on the number and value of all the 2016 built vessels that

Navy

U.S. Backs S. China Sea Bilateral Talks

U.S. Secretary of State Kerry says backs bilateral talks; Philippines says dispute does not involve United States. U.S. Secretary of State John Kerry said on

Piracy Drops to 21-year Low, IMB Reports

Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the

New Details Emerge on Loss of USS Indianapolis

A Naval History and Heritage Command (NHHC) historian has recently uncovered information that sheds new light on the loss of the World War II cruiser USS Indianapolis (CA 35).

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction 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: 0.0578 sec (17 req/sec)