Metal Trades Dept: Navy Won't Incentivize Closing Avondale

PR: Metal Trades Department
Sunday, October 16, 2011

Metal Trades Department Praises Rep. Richmond, Sen. Landrieu and Avondale SOS Partners.

 

Thanks to the work of Senator Mary Landrieu and Congressman Cedric Richmond and the Avondale SOS Coalition, Avondale Shipyard took another step toward stability after they persuaded the federal government to remove the financial incentive for Huntington Ingalls to shut down the shipyard. "This is a hopeful new development for working families in Avondale," said Metal Trades Department President Ron Ault. "Thanks to the hard work and determination of Representative Richmond and Senator Landrieu, Secretary of the Navy Ray Mabus, and all our SOS coalition partners, Avondale could have a new life. "By taking the incentive for closure off the table and allowing it to be used to convert to a commercial yard, we are now on a level playing field and the decision on the shipyard's future is more likely to be based on sound business considerations."

 

Sen. Landrieu and Rep. Richmond sent a letter to Sec. Mabus last week urging him to remove the incentive for closure of the yard. They pointed out that "the Navy should not undermine" their efforts to keep Avondale open by offering "incentives to HII" to shutter the shipyard. They also pointed out that the closing of Avondale is "unacceptable" as it would lose a vital amount of shipbuilding knowledge in the region.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pod Propulsion Ship Electronics 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: 0.1170 sec (9 req/sec)