Energy Markets Buoy U.S. Shipbuilding
Proliferation of energy related transport continues to drive commercial U.S. As the United States aims towards energy independence by the end of this decade, domestic shipyards and vessels owners are reaping rewards from this most unexpected turn of events. Hydraulic Fracturing, or fracking, has been the main (and well publicized) culprit in the rapid turn of events. While the proliferation of gas has been widely known for years, the presence of oil, in quantity, was a pleasant…
Metal Shark’s New Yard Now Operational
Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal in Franklin, Louisiana, and announced plans to develop the new property into a facility to support its planned aluminum and steel shipbuilding efforts for vessels up to 250’ in length. Six months later, the new facility is operational and production is underway.